If the demand function for q units of a commodity at $p per unit is given by
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p2 (2q + 1) = 100,000
find the rate of change of quantity with respect to price when p = $50. Interpret this result.
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When p 50 q 195 If the price 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
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