A bicycle dealer has found that if 10-speed bicycles are sold for æ dollars apiece and the price of gasoline is y cents per gallon, approximately F(x, y) bicycles will be sold each month, where F(x, y) = 200 – 24Va + 4(0.1y – 13)3/2. Currently, the bicycles sell for $324 apiece and gasoline sells for 3.80 dollars per gallon. Estimate the change in the demand fo bicycles that results when the price of bicycles is kept fixed but the price of gasoline decreases by one cent per gallon. Estimated change in demand =

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 50SE: For the following exercises, refer to Table 11. Use the intersect feature to find the value of x for...
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A bicycle dealer has found that if 10-speed bicycles are sold for æ dollars apiece and the price of gasoline is y cents per gallon,
approximately F(x, y) bicycles will be sold each month, where
F(x, y) = 200 – 24/a + 4(0.1y – 13)3/2.
Currently, the bicycles sell for $324 apiece and gasoline sells for 3.80 dollars per gallon. Estimate the change in the demand for
bicycles that results when the price of bicycles is kept fixed but the price of gasoline decreases by one cent per gallon.
Estimated change in demand =
Note for Camino submissions: Write a sentence to explain what the above number means.
Transcribed Image Text:A bicycle dealer has found that if 10-speed bicycles are sold for æ dollars apiece and the price of gasoline is y cents per gallon, approximately F(x, y) bicycles will be sold each month, where F(x, y) = 200 – 24/a + 4(0.1y – 13)3/2. Currently, the bicycles sell for $324 apiece and gasoline sells for 3.80 dollars per gallon. Estimate the change in the demand for bicycles that results when the price of bicycles is kept fixed but the price of gasoline decreases by one cent per gallon. Estimated change in demand = Note for Camino submissions: Write a sentence to explain what the above number means.
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