Suppose that the daily demand (in pounds) for chocolate candy at $x per pound is given by
Question:
D = 1,000 - 40x2 1 ≤ x ≤ 5
If the price is increased from $3.00 per pound to $3.20 per pound, what is the approximate change in demand?
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Given Dx 1000 40x 2 1 x 5 Then Dx 80x The approximate chang...View the full answer
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Related Book For 
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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