When the price of a certain commodity is p dollars per unit, consumers demand x hundred units
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When the price of a certain commodity is p dollars per unit, consumers demand x hundred units of the commodity, where
How fast is the demand x changing with respect to time when the price is $7 and is decreasing at the rate of 75 cents per months? (That is dp/dt = −0.75.
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75x 17p 5300 dx 150x 34p 0 dt d...View the full answer
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Related Book For 
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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