Suppose that in Boston the wholesale price, p, of oranges (in dollars per crate) and the daily

Question:

Suppose that in Boston the wholesale price, p, of oranges (in dollars per crate) and the daily supply, x (in thousands of crates), are related by the equation px + 7x + 8p = 328. If there are 4 thousand crates available today at a price of $25 per crate, and if the supply is changing at the rate of -.3 thousand crates per day, at what rate is the price changing?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

Question Posted: