Question: f ( p , i ) = 9 9 p - 0 . 8 - 0 . 0 0 2 5 p 2 ( a

f(p,i)=99p-0.8-0.0025p2
(a) Find the weekly sales if the average list price isp=$19,100 and the manufacturer is offering a4%i=4fp(p,i) and fi(p,i).
fp(p,i)=
What does fp(p,i) represent?
A.fp(p,i) gives the rate at which weekly sales are changing per unit change when neither price nor interest rate remains constant.
B.fp(p,i) gives the rate at which weekly sales are changing per unit change when price and interest rate remain constant.
C.fp(p,i) gives the rate at which weekly sales are changing per unit change in price when the interest rate remains constant.
D.fp(p,i) gives the rate at which weekly sales are changing per unit change in interest when the price remains constant.
fi(p,i)=
What does fi(p,i) represent?
A.fi(p,i) gives the rate at which weekly sales are changing per unit change when price and interest rate remain constant.
B.fi(p,i) gives the rate at which weekly sales are changing per unit change in interest when the price remains constant.
C.fi(p,i) gives the rate at which weekly sales are changing per unit change when neither price nor interest rate remains constant.
D.fi(p,i) gives the rate at which weekly sales are changing per unit change in price when the interest rate remains constant.
(c) What would be the approximate effect on weekly sales if the price is $19,100 and interest rates rise from 4%to5%?
The effect would be a weekly sales decrease of $
.
f ( p , i ) = 9 9 p - 0 . 8 - 0 . 0 0 2 5 p 2 ( a

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