If the demand function for q units of a product at $p per unit is given by
Question:
p(q + 1)2 = 200,000
find the rate of change of quantity with respect to price when p = $80. Interpret this result.
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At p 80 we have q 49 Thus I...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
Question Posted:
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