Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function. N(p) = 80-3p²; 1 sps4 a. Find the average rate of change of demand for a change in price from $2 to $3. boxes per dollar. The average rate of change of demand for a change in price from $2 to $3 is (Type an integer or a decimal.) b. Find the instantaneous rate of change of demand when the price is $2. The instantaneous rate of change of demand when the price is $2 is (Type an integer or a decimal.) c. Find the instantaneous rate of change of demand when the price is $3. The instantaneous rate of change of demand when the price is $3 is (Type an integer or a decimal.) boxes per dollar. boxes per dollar.
Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function. N(p) = 80-3p²; 1 sps4 a. Find the average rate of change of demand for a change in price from $2 to $3. boxes per dollar. The average rate of change of demand for a change in price from $2 to $3 is (Type an integer or a decimal.) b. Find the instantaneous rate of change of demand when the price is $2. The instantaneous rate of change of demand when the price is $2 is (Type an integer or a decimal.) c. Find the instantaneous rate of change of demand when the price is $3. The instantaneous rate of change of demand when the price is $3 is (Type an integer or a decimal.) boxes per dollar. boxes per dollar.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function.
N(p) = 80-3p²; 1≤ps4
a. Find the average rate of change of demand for a change in price from $2 to $3.
The average rate of change of demand for a change in price from $2 to $3 is boxes per dollar.
(Type an integer or a decimal.)
b. Find the instantaneous rate of change of demand when the price is $2.
boxes per dollar.
The instantaneous rate of change of demand when the price is $2 is
(Type an integer or a decimal.)
c. Find the instantaneous rate of change of demand when the price is $3.
boxes per dollar.
The instantaneous rate of change of demand when the price is $3 is
(Type an integer or a decimal.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb53953bf-ba99-48a1-8b94-2e75e0aa944f%2F6ea2e22a-8e46-4aac-9652-6e6120d02093%2Fpjx3aui_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function.
N(p) = 80-3p²; 1≤ps4
a. Find the average rate of change of demand for a change in price from $2 to $3.
The average rate of change of demand for a change in price from $2 to $3 is boxes per dollar.
(Type an integer or a decimal.)
b. Find the instantaneous rate of change of demand when the price is $2.
boxes per dollar.
The instantaneous rate of change of demand when the price is $2 is
(Type an integer or a decimal.)
c. Find the instantaneous rate of change of demand when the price is $3.
boxes per dollar.
The instantaneous rate of change of demand when the price is $3 is
(Type an integer or a decimal.)
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