Price–demand equation. According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people are willing to buy per week from a retail chain at a price of $ p is given by x = 4 , 000 0.1 p + 1 10 ≤ p ≤ 70 Figure for 95 and 96 (A) Find dx / dp. (B) Find the demand and the instantaneous rate of change of demand with respect to price when the price is $40. Write a brief interpretation of these results. (C) Use the results from part (B) to estimate the demand if the price is increased to $41.
Price–demand equation. According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people are willing to buy per week from a retail chain at a price of $ p is given by x = 4 , 000 0.1 p + 1 10 ≤ p ≤ 70 Figure for 95 and 96 (A) Find dx / dp. (B) Find the demand and the instantaneous rate of change of demand with respect to price when the price is $40. Write a brief interpretation of these results. (C) Use the results from part (B) to estimate the demand if the price is increased to $41.
Price–demand equation. According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people are willing to buy per week from a retail chain at a price of $p is given by
x
=
4
,
000
0.1
p
+
1
10
≤
p
≤
70
Figure for 95 and 96
(A) Find dx/dp.
(B) Find the demand and the instantaneous rate of change of demand with respect to price when the price is $40. Write a brief interpretation of these results.
(C) Use the results from part (B) to estimate the demand if the price is increased to $41.
a) Find the scalars p, q, r, s, k1, and k2.
b) Is there a different linearly independent eigenvector associated to either k1 or k2? If yes,find it. If no, briefly explain.
Plz no chatgpt answer Plz
Will upvote
1/ Solve the following:
1 x +
X + cos(3X)
-75
-1
2
2
(5+1) e
5² + 5 + 1
3 L
-1
1
5² (5²+1)
1
5(5-5)
Chapter 3 Solutions
Calculus for Business Economics Life Sciences and Social Sciences Plus NEW
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