Suppose that the weekly sales volume y (in thousands of units sold) depends on the price per
Question:
y = 32(3p + 1)-2/5, p > 0
(a) What is the rate of change in sales volume when the price is $21?
(b) Interpret your answer to part (a).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
y 323p 1 25 yp 3225 3p 1 75 3 1...View the full answer
Answered By
Ehsan Mahmood
I’ve earned Masters Degree in Business Studies and specialized in Accounts & Finance. Couple with this, I have earned BS Sociology from renowned institute of Pakistan. Moreover, I have humongous teaching experience at Graduate and Post-graduate level to Business and humanities students along with more than 7 years of teaching experience to my foreign students Online. I’m also professional writer and write for numerous academic journals pertaining to educational institutes periodically.
248+ Reviews
287+ Question Solved
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:
