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# Table 1.30 gives data for the linear demand curve for a product, where p is the price of

## Problem 31 Chapter 1.4

Applied Calculus | 5th Edition

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Applied Calculus | 5th Edition

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Problem 31

Table 1.30 gives data for the linear demand curve for a product, where p is the price of the product and q is the quantity sold every month at that price. Find formulas for the following functions. Interpret their slopes in terms of demand. (a) q as a function of p. (b) p as a function of q. Table 1.30 p (dollars) 16 18 20 22 24 q (tons) 500 460 420 380 340 3

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