3. Suppose that, in a given gourmet food store, people are willing to buy x pounds of chocolate candy per day x= 10 + 180 2sps 10 Find the demand and the instantaneous rate of change of demand with respect to price when the price is $5. Write a brief verbal interpretation of these results.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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3. Suppose that, in a given gourmet food store, people are willing to buy x pounds of chocolate candy per day
at Sp per quarter pound, as given by the price- demand equation;
x= 10 +
180
2 sps 10
Find the demand and the instantaneous rate of change of demand with respect to price when the price is $5.
Write a brief verbal interpretation of these results.
Transcribed Image Text:3. Suppose that, in a given gourmet food store, people are willing to buy x pounds of chocolate candy per day at Sp per quarter pound, as given by the price- demand equation; x= 10 + 180 2 sps 10 Find the demand and the instantaneous rate of change of demand with respect to price when the price is $5. Write a brief verbal interpretation of these results.
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