Could someone answer this question 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 neares hundreth.

B)At a demand of 25 units per week, what is the price?Round to the nearest cent.

Similar Questions
  1. The monopolist sets price byPart 2 A. charging the price where marginal revenue equals price. B. charging the price where
    1. answers icon 1 answer
  2. the marginal utility of good A is 3times the marginal utility of good​ B, and the price of good A is ​$3.50 ​, the price
    1. answers icon 1 answer
  3. Although a monopoly can charge any price it wishes, it chooses:Question 23 options: A) the highest price. B) price equal to
    1. answers icon 1 answer
  4. Could someone work this question out so I understand it. ThanksThe marginal price dp/dx at x units of demand per week is
    1. answers icon 1 answer
more similar questions