Asked by Jules
Could someone work this question out so I understand it. Thanks
The marginal price dp/dx at x units of demand per week is proportional to the price p. There is no weekly demand at a price of $100 per unit [p(0)=100], and there is a weekly demand of 8 units at the price of $60.83 per unit [p(8)=60.83].
A)find the price demand equation. Give an exact answer in simplified form. Round all decimal values to the nearest hundreth.
The marginal price dp/dx at x units of demand per week is proportional to the price p. There is no weekly demand at a price of $100 per unit [p(0)=100], and there is a weekly demand of 8 units at the price of $60.83 per unit [p(8)=60.83].
A)find the price demand equation. Give an exact answer in simplified form. Round all decimal values to the nearest hundreth.
Answers
Answered by
Marvin the Sexy
This problem can not be completed because in this case dp/dx will cancel itself out to get one...