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?
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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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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