The marginal price dp/dx at x units of supply per day is proportional to the price p.

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The marginal price dp/dx at x units of supply per day is proportional to the price p. There is no supply at a price of $10 per unit [p(0)=10], and there is a daily supply of 50 units at a price of $12.84 per unit [p(50) = 12.84].
(A) Find the price-supply equation.
(B) At a supply of 100 units per day. what is the price?
(C) Graph the price-supply equation for 0 ≤ x ≤ 250.
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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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