The demand function for a company's product is p 24e-0.99 where g is measured in thousands of units and p is measured in do (a) What price should the company charge for each unit in order to sell 3500 units? (Round your answer toEwo decimal pla %2$ (b) If the company prices the products at $7.50 each, how many units will selI? (Round your answer to the nearest integer.

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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3.2 #10 Can you help me with this?
The demand function for a company's product is p = 24e¬0.9q where g is measured in thousands of units and p is measured in dollars.
(a) What price should the company charge for each unit in order to sell 3500 units? (Round your answer totwo decimal places.)
(b) If the company prices the products at $7.50 each, how many units will selI? (Round your answer to the nearest integer.)
units
Transcribed Image Text:The demand function for a company's product is p = 24e¬0.9q where g is measured in thousands of units and p is measured in dollars. (a) What price should the company charge for each unit in order to sell 3500 units? (Round your answer totwo decimal places.) (b) If the company prices the products at $7.50 each, how many units will selI? (Round your answer to the nearest integer.) units
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