Suppose that the price p (in dollars) of a product is given by the demand function where
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where x represents the quantity demanded. If the daily demand is decreasing at a rate of 20 units per day, at what rate is the price changing when the demand is 20 units?
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P dp dt 100010x 400x then ...View the full answer
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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