When electric toasters are sold for p dollars apiece, local consumers will buy It is estimated that
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When electric toasters are sold for p dollars apiece, local consumers will buy
It is estimated that t months from now, the unit price of the toasters will be p(t) = 0.04t3/2 + 44 dollars. Compute the rate of change of the monthly demand for toasters with respect to time 25 months from now. Will the demand be increasing or decreasing?
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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