The demand function for device model JCE523 is given by p(x) = 440 - 0.84x², where p is the unit price(in dollars) and is the quantity demanded (in thousands of units).If adverse conditions are driving the price up by $9 per week, find the rate at which the quantitydemanded for device model JCE523 is changing when the price is $104.The demand for device model JCE523 is Select an answer byitems per week.thousand

Given query is to find rate of change of demand. Bc

Answered: The demand function for device model…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter6: Exponential And Logarithmic Functions

Section6.8: Fitting Exponential Models To Data

Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...

See similar textbooks

Similar questions

Can the average rate of change of a function be constant?
bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use exponential regression to fit a model to these data. b. If spending continues at this rate, what will the graduate’s credit card debt be one year after graduating?
Find the average rates of change of f(x)=x2+2x (a) from x1=3 to x2=2 and (b) from x1=2 to x2=0.
How are the absolute maximum and minimum similar to and different from the local extrema?
A standard "money demand" function used by macroeconomists has the form In(m) = Bo + B, In(GDP) + B2R, Where m is the quantity of (real) money, GDP is the value of (real) gross domestic product, and R is the value of the nominal interest rate measured in percent per year. Supposed that B, = 2.15 and B, = -0.06. %3D What is the expected change in m if GDP increases by 3%? The value of m is expected to V by approximately%. (Round your response to the nearest integer) What is the expected change in m if the interest rate increases from 1% to 9%? The value of m is expected to ▼ by approximately %. (Round your response to the nearest integer)
Suppose that the demand function for Brand X is P = 360 - 50Qd. Show whether going from 3 to 4 units is elastic or inelastic.
How does time-period or length of run affects the behavior of the supply function?
The worst ecological disaster in U.S. history began on April 20, 2010, and was caused by an explosion in the oil rig Deepwater Horizon, which resulted in the deaths of 11 people and triggered a massive oil spill into the Gulf of Mexico. Estimates of the exact amount of the oil spilled vary based on the source, but it is clearly a function of the number of days n it lasted and the leak rate of the oil, estimated by the United States Geological Service (USGS) to be 504,000 gallons each day! The function u that estimates the amount of oil spilled in n days can be defined as u(n) = 504,000n gallons/day. To find out how much oil spilled the first month (30 days), let n = 30: u(30) = 504,000(30) = 15,120,000 gallons. According to BP's worse-case scenario, the amount of oil spilled in n days can be estimated by the function b(n) = 2.520n million gallons, while the function r(n) = 441,000n gallons represents the amount of oil that can be recovered in n days. (a) The function a(n) = b(n) - r(n)…
The worst ecological disaster in U.S. history began on April 20, 2010, and was caused by an explosion in the oil rig Deepwater Horizon, which resulted in the deaths of 11 people and triggered a massive oil spill into the Gulf of Mexico. Estimates of the exact amount of the oil spilled vary based on the source, but it is clearly a function of the number of days n it lasted and the leak rate of the oil, estimated by the United States Geological Service (USGS) to be 504,000 gallons each day! The function u that estimates the amount of oil spilled in n days can be defined as u(n) = 504,000n gallons/day. To find out how much oil spilled the first month (30 days), let n = 30: u(30) = 504,000 (30) U.S. Coast Guard photo a(n) : According to BP's worse-case scenario, the amount of oil spilled in n days can be estimated by the function b(n) = 2.520n million. gallons, while the function r(n) = 441,000n gallons represents the amount of oil that can be recovered in n days. (a) The function a(n) =…

Recommended textbooks for you

College Algebra

Algebra

ISBN:

9781938168383

Author:

Jay Abramson

Publisher:

OpenStax

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

College Algebra

Algebra

ISBN:

9781938168383

Author:

Jay Abramson

Publisher:

OpenStax

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

College Algebra

Algebra

ISBN:

9781337282291

Author:

Ron Larson

Publisher:

Cengage Learning

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS