The price p (dollars per unit) of a particular commodity is increasing at the rate when x

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The price p (dollars per unit) of a particular commodity is increasing at the rate

when x hundred units of the commodity are supplied to the market. The manufacturer supplies 200 units (x = 2) when the price is $2 per unit.

a. Find the supply function p(x).

b. What price corresponds to a supply of 500 units?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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Question Posted: Jun 24, 2023 04:41 AM

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The price p (dollars per unit) of a particular commodity is increasing at the rate when x

Question:

p'(x) 20x (7- x)²

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a b A supply of 500 units is x 5 The pric...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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