There is a small bakery shop that bakes and sells a single type of bread. This bakery's weekly sales is given by the following equation:  q=2000−20p where  p  is the price per bread, and  q  is the quantity demanded at price  p .  (1) Compute the weekly revenue for a price of 60. Answer:   (2) Compute the price elasticity of demand for a price of 60. Answer:   (3) Compute the weekly revenue for a price of 20. Answer:

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.