A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in

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A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in Table 9, where p is the wholesale price per computer at which x thousand computers can be sold. Using special analytical techniques
P(x) = 2,000 - 60x 1 ‰¤ x ‰¤ 25
A company manufactures notebook computers. Its marketing research department, using

(A) Plot the data points in Table 9, and sketch a graph of the price-demand function in the same coordinate system.
(B) What would be the estimated price per computer for a demand of 11,000 computers? For a demand of 18,000 computers?

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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