Consumer expenditure Suppose that the demand for x units of a product is x = 10 , 000 − 100 p where p dollars is the price per unit. Then the consumer expenditure for the product is E ( p ) = p x ( 10 , 000 − 100 p ) = 10 , 000 p − 100 p 2 What is the instantaneous rate of change of consumer expenditure with respect to price at (a) any price p ? (b) p = 5 ? (c) p = 20 ?
Consumer expenditure Suppose that the demand for x units of a product is x = 10 , 000 − 100 p where p dollars is the price per unit. Then the consumer expenditure for the product is E ( p ) = p x ( 10 , 000 − 100 p ) = 10 , 000 p − 100 p 2 What is the instantaneous rate of change of consumer expenditure with respect to price at (a) any price p ? (b) p = 5 ? (c) p = 20 ?
Female
Male
Totals
Less than High School
Diploma
0.077
0.110
0.187
High School Diploma
0.154
0.201
0.355
Some College/University
0.141
0.129
0.270
College/University Graduate
0.092
0.096
0.188
Totals
0.464
0.536
1.000
Female
Male
Totals
Less than High School
Diploma
0.077
0.110
0.187
High School Diploma
0.154
0.201
0.355
Some College/University
0.141
0.129
0.270
College/University Graduate
0.092
0.096
0.188
Totals
0.464
0.536
1.000
Female
Male
Totals
Less than High School
Diploma
0.077
0.110
0.187
High School Diploma
0.154
0.201
0.355
Some College/University
0.141
0.129
0.270
College/University Graduate
0.092
0.096
0.188
Totals
0.464
0.536
1.000
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