Price of Perfume The monthly demand for a certain brand of perfume is given by the...
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Price of Perfume The monthly demand for a certain brand of perfume is given by the demand equation P= 100e-0.0001x where p denotes the retail unit price (in dollars/bottle) and x denotes the quantity (in 1-oz bottles) demanded. (a) Find the rate of change of the price per bottle (in dollars) when x = 2,000 and when x = 4,000. (Round your answers to four decimal places.) x = 2,000 dollars/bottle dollars/bottle x = 4,000 +75 (b) What is the price per bottle (in dollars) when x = 2,000? When x= 4,000? (Round your answers to the nearest cent.) x = 2,000 $ x = 4,000 $ Price of Perfume The monthly demand for a certain brand of perfume is given by the demand equation P= 100e-0.0001x where p denotes the retail unit price (in dollars/bottle) and x denotes the quantity (in 1-oz bottles) demanded. (a) Find the rate of change of the price per bottle (in dollars) when x = 2,000 and when x = 4,000. (Round your answers to four decimal places.) x = 2,000 dollars/bottle dollars/bottle x = 4,000 +75 (b) What is the price per bottle (in dollars) when x = 2,000? When x= 4,000? (Round your answers to the nearest cent.) x = 2,000 $ x = 4,000 $
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Related Book For
Managerial Economics and Organizational Architecture
ISBN: 978-0073375823
5th edition
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
Posted Date:
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