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 = 12 and Р b = 190. Find the instantaneous rate of change of demand with respect to price when the price is $5.21. 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 =a +, where a = 12 and Р b = 190. Find the instantaneous rate of change of demand with respect to price when the price is $5.21. Round to the nearest hundredth (2 decimal places) pounds per dollar
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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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 = 190.
Find the instantaneous rate of change of demand with respect to price when the price is
$5.21. Round to the nearest hundredth (2 decimal places)
pounds per dollar](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3fc3ef53-ef76-4c8f-9c49-6c2ebf0a14b7%2Fee0b39e2-2349-4482-9cdf-cf3f291037ae%2F047b3ll_processed.png&w=3840&q=75)
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 = 190.
Find the instantaneous rate of change of demand with respect to price when the price is
$5.21. Round to the nearest hundredth (2 decimal places)
pounds per dollar
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