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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

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
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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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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