Solved: Demand The marginal price for the demand of a product can be modeled by where x
Chapter 5, Problem 59(choose chapter or problem)
Demand The marginal price for the demand of a product can be modeled by where x is the quantity demanded. When the demand is 600 units, the price is $30. (a) Find the demand function, (b) Use a graphing utility to graph the demand function. Does price increase or decrease as demand increases? (c) Use the zoom and trace features of the graphing utility to find the quantity demanded when the price is $22.
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