The monthly demand for a certain brand of table wine is given by the demand equation p = 360 1 − 3 3 + e−0.0005x where p denotes the wholesale price per case (in dollars) and x denotes the number of cases demanded. (a) Find the rate of change of the price per case when x = 1000. (a) Find the rate of change of the price per case when x = 1000.
The monthly demand for a certain brand of table wine is given by the demand equation p = 360 1 − 3 3 + e−0.0005x where p denotes the wholesale price per case (in dollars) and x denotes the number of cases demanded. (a) Find the rate of change of the price per case when x = 1000. (a) Find the rate of change of the price per case when x = 1000.
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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Question
The monthly demand for a certain brand of table wine is given by the demand equation
p = 360
1 −
3 |
3 + e−0.0005x |
where p denotes the wholesale price per case (in dollars) and x denotes the number of cases demanded.
(a) Find the rate of change of the price per case when
x = 1000.
(a) Find the rate of change of the price per case when
x = 1000.
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