The number x of bicycle helmets a retail chain is willing to sell per week at a price of $p is given by x = 80Vp +25 - 350, 20 sps 100. Complete parts (A) and (B). dx (A) Find dp dx 800- dp 700- x = 1000– 55-/p+ 25 (B) Find the supply and the instantaneous rate of change of supply with respect to price when the price is $75. Interpret your results. 600- 500- When the price is $75, the supply is 400- (Type an integer or a decimal.) 300- When the price is $75, the instantaneous rate of change of supply with respect to price is 200- x= 80 p+ 25 - 350 (Type an integer or a decimal.) 100- 0- At a price of $75, the supply is bicycle helmets per week and supply is at a 20 40 100 120 60 Price (Dollars) 80 rate of bicycle helmets per dollar. (Type integers or decimals.) Supply/Demand

The number x of bicycle helmets a retail chain is willing to sell per week at a price of $p is given by x = 80Vp +25 - 350, 20 sps 100. Complete parts (A) and (B). dx (A) Find dp dx 800- dp 700- x = 1000– 55-/p+ 25 (B) Find the supply and the instantaneous rate of change of supply with respect to price when the price is $75. Interpret your results. 600- 500- When the price is $75, the supply is 400- (Type an integer or a decimal.) 300- When the price is $75, the instantaneous rate of change of supply with respect to price is 200- x= 80 p+ 25 - 350 (Type an integer or a decimal.) 100- 0- At a price of $75, the supply is bicycle helmets per week and supply is at a 20 40 100 120 60 Price (Dollars) 80 rate of bicycle helmets per dollar. (Type integers or decimals.) Supply/Demand

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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