97. Demand Function The amount of a commodity that is sold is called the demand for the commodity. The demand D for a certain commodity is a function of the price given by D = f(p) = -3p + 150 (a) Find f. What does f represent? (b) Find f'(30). What does your answer represent?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section: Chapter Questions
Problem 13P: In these problems you are asked to find a function that models a real-life situation. Use the...
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Demand Function The amount of a commodity that
is sold is called the demand for the commodity. The
demand D for a certain commodity is a function of the
price given by

97. Demand Function The amount of a commodity that
is sold is called the demand for the commodity. The
demand D for a certain commodity is a function of the
price given by
D = f(p) = -3p + 150
(a) Find f. What does f represent?
(b) Find f'(30). What does your answer represent?
Transcribed Image Text:97. Demand Function The amount of a commodity that is sold is called the demand for the commodity. The demand D for a certain commodity is a function of the price given by D = f(p) = -3p + 150 (a) Find f. What does f represent? (b) Find f'(30). What does your answer represent?
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