A casino hotel manager has approximated demand for two-room suites to be p=3000- dq interpret when q = 6. dp Choose the correct answer below and fill in the answer box to complete your answer. OB. da dp q² where p is the price (in dollars) and q is the quantity demanded. Use implicit differentiation to find and 24 OA dq . which means that if the price is increased by $1, the quantity demanded decreases by approximately dp = (E dq dp suites. , which means that if the price is increased by $1, the quantity demanded increases by approximately suites

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A casino hotel manager has approximated demand for two-room suites to be p=3000- where p is the price (in dollars) and q is the quantity demanded. Use implicit differentiation to find and
interpret when q=6.
dq
dp
Choose the correct answer below and fill in the answer box to complete your answer.
OA da
dp
OB.
-
q²
24
da
dp
which means that if the price is increased by $1, the quantity demanded decreases by approximately
, which means that if the price is increased by $1, the quantity demanded increases by approximately
gle gle
dq
suites.
suiles
Transcribed Image Text:A casino hotel manager has approximated demand for two-room suites to be p=3000- where p is the price (in dollars) and q is the quantity demanded. Use implicit differentiation to find and interpret when q=6. dq dp Choose the correct answer below and fill in the answer box to complete your answer. OA da dp OB. - q² 24 da dp which means that if the price is increased by $1, the quantity demanded decreases by approximately , which means that if the price is increased by $1, the quantity demanded increases by approximately gle gle dq suites. suiles
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