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 = a +, where a = 11 and Р b = 190. Find the instantaneous rate of change of demand with respect to price when the price is $5.16. Round to the nearest hundredth (2 decimal places) pounds per dollar

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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 = a +, where a = 11 and
Р
b = 190.
Find the instantaneous rate of change of demand with respect to price when the price is
$5.16. 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 = a +, where a = 11 and Р b = 190. Find the instantaneous rate of change of demand with respect to price when the price is $5.16. Round to the nearest hundredth (2 decimal places) pounds per dollar
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