4. Suppose the demand for a certain item is given by D(p)=-2 p² - 4p+350, where p represents the price of the item in dollars. a) Find the rate of change of demand with respect to price. b) Find and interpret the rate of change of demand when the price is $11.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.10: Inverse Variation
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4. Suppose the demand for a certain item is given by D(p)=-2 p² - 4p+350, where p represents the price of
the item in dollars.
a) Find the rate of change of demand with respect to price.
b) Find and interpret the rate of change of demand when the price is $11.
Transcribed Image Text:4. Suppose the demand for a certain item is given by D(p)=-2 p² - 4p+350, where p represents the price of the item in dollars. a) Find the rate of change of demand with respect to price. b) Find and interpret the rate of change of demand when the price is $11.
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