8. The manager of an appliance manufacturing firm determines that when toasters are priced at p dollars apiece, the number sold each month can be modeled by 300 A(p): The manager estimates that t months from now, the unit price of the toasters will be p(t) = 0.04ť² + 18.5 dollars. At what rate will the monthly demand for toasters, A(p), be changing two years from now? Will it be increasing or decreasing at this time?

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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8. The manager of an appliance manufacturing firm determines that when toasters are priced at p dollars apiece, the number
sold each month can be modeled by
300
A(p) =
P
The manager estimates that t months from now, the unit price of the toasters will be p(t) = 0.04ť² + 18.5 dollars. At what
rate will the monthly demand for toasters, A(p), be changing two years from now? Will it be increasing or decreasing at this
time?
Transcribed Image Text:8. The manager of an appliance manufacturing firm determines that when toasters are priced at p dollars apiece, the number sold each month can be modeled by 300 A(p) = P The manager estimates that t months from now, the unit price of the toasters will be p(t) = 0.04ť² + 18.5 dollars. At what rate will the monthly demand for toasters, A(p), be changing two years from now? Will it be increasing or decreasing at this time?
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