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The price p (in dollars) and demand x for a product are related by: 2 x 2 + 6 x p + 25 p 2
The price p (in dollars) and demand x for a product are related by:
2x2+6xp+25p2=40000
(A) If the price is increasing at a rate of $2.50 per month when the price is $38.00, find the rate of change of the demand.
(B) If the demand is decreasing at a rate of 4 units per month when the demand is 125 units, find the rate of change of the price.
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