The consumer expenditure, in dollars, for a commodity is the product of its market price, p, and the number of units demanded, x. Suppose that for a certain commodity, the consumer expenditure is given by 9,000p - 145p². (a) Factor this in order to find an expression for the number of units demanded. (Simplify your answer completely.)
The consumer expenditure, in dollars, for a commodity is the product of its market price, p, and the number of units demanded, x. Suppose that for a certain commodity, the consumer expenditure is given by 9,000p - 145p². (a) Factor this in order to find an expression for the number of units demanded. (Simplify your answer completely.)
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 consumer expenditure, in dollars, for a commodity is the product of its market price, p, and the number of units demanded, x. Suppose that for a
certain commodity, the consumer expenditure is given by 9,000p - 145p².
(a) Factor this in order to find an expression for the number of units demanded. (Simplify your answer completely.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2914af6a-2628-4fe7-952b-78860b48b35f%2F3b5e876e-1fd0-4d17-bee2-f2e1c2ff4746%2F9wgcz8_processed.png&w=3840&q=75)
Transcribed Image Text:The consumer expenditure, in dollars, for a commodity is the product of its market price, p, and the number of units demanded, x. Suppose that for a
certain commodity, the consumer expenditure is given by 9,000p - 145p².
(a) Factor this in order to find an expression for the number of units demanded. (Simplify your answer completely.)
![(b) Use (a) to find the number of units demanded when the market price is $37.
X =
units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2914af6a-2628-4fe7-952b-78860b48b35f%2F3b5e876e-1fd0-4d17-bee2-f2e1c2ff4746%2Ff7unpxj_processed.png&w=3840&q=75)
Transcribed Image Text:(b) Use (a) to find the number of units demanded when the market price is $37.
X =
units
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