People commuting to a city can choose to go either by bus or by train. The number
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People commuting to a city can choose to go either by bus or by train. The number of people who choose either method depends in part upon the price of each. Let f(P1, P2) be the number of people who take the bus when P1 is the price of a bus ride and P2 is the price of a train ride. What can you say about the signs of ∂f∕∂P1 and ∂f∕∂P2? Explain your answers.
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The sign of fP 1 tells you whether f the number of people who ...View the full answer
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Related Book For 
Applied Calculus
ISBN: 9781119275565
6th Edition
Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale
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