The annual demand q for bottles of wine from a vineyard when the bottles are priced at p dollars each satisfies the equation qe0.03p = 4000. The price is currently $12 per bottle. Find the rate at which dema changes (with respect to time) if the price increases at a rate of $1.30 per year. (Round your answer to the nearest whole number.) bottles/year

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The annual demand q for bottles of wine from a vineyard when the bottles are priced at p dollars each satisfies the equation qe0.03p = 4000. The price is currently $12 per bottle. Find the rate at which demand
changes (with respect to time) if the price increases at a rate of $1.30 per year. (Round your answer to the nearest whole number.)
bottles/year
Transcribed Image Text:The annual demand q for bottles of wine from a vineyard when the bottles are priced at p dollars each satisfies the equation qe0.03p = 4000. The price is currently $12 per bottle. Find the rate at which demand changes (with respect to time) if the price increases at a rate of $1.30 per year. (Round your answer to the nearest whole number.) bottles/year
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