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P = 3,000,000 x³ + 10,000x + 1,000,000 where the price p is measured in dollars and the demand x is measured in 1000s of units, as shown in Figure 2.38. Find the rate of change of the demand with respect 100.) to the price when x = 100. (That is, find dx/dp when x =

P = 3,000,000 x³ + 10,000x + 1,000,000 where the price p is measured in dollars and the demand x is measured in 1000s of units, as shown in Figure 2.38. Find the rate of change of the demand with respect 100.) to the price when x = 100. (That is, find dx/dp when x =

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The demand function for a certain commodity is given by 3,000,000 x³ + 10,000x + 1,000,000 P = 3 where the price p is measured in dollars and the demand x is measured in 1000s of units, as shown in Figure 2.38. Find the rate of change of the demand with respect to the price when x = 100. (That is, find dx/dp when x = 100.)
Transcribed Image Text:The demand function for a certain commodity is given by 3,000,000 x³ + 10,000x + 1,000,000 P = 3 where the price p is measured in dollars and the demand x is measured in 1000s of units, as shown in Figure 2.38. Find the rate of change of the demand with respect to the price when x = 100. (That is, find dx/dp when x = 100.)
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