The price p (in dollars) and demand x for a product are related by 2x 2 +
Question:
The price p (in dollars) and demand x for a product are related by
2x2 + 5xp + 50p2 = 80,000
(A) If the price is increasing at a rate of $2 per month when the price is $30, find the rate of change of the demand.
(B) If the demand is decreasing at a rate of 6 units per month when the demand is 150 units, find the rate of change of the price.
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2x 2 5xp 50p 2 80000 Ans A for the rate of change of demand 4x dx...View the full answer
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Hardik Dudhat
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Related Book For 
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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