The demand function for Sportsman 5x7 tents is given by p=f(x)=-0.1x^2 -x+40 where p is measured in
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Question:
p=f(x)=-0.1x^2 -x+40
where p is measured in dollars and x is measured in units of a thousand.
a)Find the average rate of change in the unit price of a tent if the quantity demanded is between 5000 and 5050 tents; between 5000 and 5010 tents.
b)What is the rate of change of the unit price if the quantity demanded is 5000?
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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