A country estimates that the demand for a certain make of car it exports is D(p) = 1000e-0.38p. Should it lower or raise the current price of $20,000 it charges per car?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
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A country estimates that the demand for a certain make of car it
exports is D(p) = 1000e-0.38p.
Should it lower or raise the current price of $20,000 it charges per
car?
Transcribed Image Text:A country estimates that the demand for a certain make of car it exports is D(p) = 1000e-0.38p. Should it lower or raise the current price of $20,000 it charges per car?
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