Price-Demand Equation At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars b per quarter pound, as given by the price-demand equation x = a + , where a = 12 and Р b = 230. Find the instantaneous rate of change of demand with respect to price when the price is $3.06. Round to the nearest hundredth (2 decimal places) pounds per dollar

Advanced Engineering Mathematics
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Chapter2: Second-order Linear Odes
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Price-Demand Equation
At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars
b
per quarter pound, as given by the price-demand equation x = a + , where a = 12 and
Р
b = 230.
Find the instantaneous rate of change of demand with respect to price when the price is
$3.06. Round to the nearest hundredth (2 decimal places)
pounds per dollar
Transcribed Image Text:Price-Demand Equation At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars b per quarter pound, as given by the price-demand equation x = a + , where a = 12 and Р b = 230. Find the instantaneous rate of change of demand with respect to price when the price is $3.06. Round to the nearest hundredth (2 decimal places) pounds per dollar
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