Question: Suppose that the demand for a product depends on the price p according to where p is in dollars. Find and explain the meaning of
Suppose that the demand for a product depends on the price p according to
where p is in dollars. Find and explain the meaning of the instantaneous rate of change of demand with respect to price when
(a) p = 50.
(b) p = 100.
50,000 D(p) = p>0
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