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.

1 answer

This problem can not be completed because in this case dp/dx will cancel itself out to get one...
Similar Questions
  1. 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
  2. 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
  3. 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
  4. 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
more similar questions