A price p (in dollars) and demand æ (in items) for a product are related by 2x? – 4xp + 50p² = 12000. If the price is increasing at a rate of 2 dollars per month when the price is 10 dollars find the rate of change of the demand. The rate of change of demand is items per month.

A price p (in dollars) and demand æ (in items) for a product are related by 2x? – 4xp + 50p² = 12000. If the price is increasing at a rate of 2 dollars per month when the price is 10 dollars find the rate of change of the demand. The rate of change of demand is items per month.

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section1.3: Lines

Problem 92E

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Question

A price p (in dollars) and demand æ (in items) for a product are related by
2x2 – 4xp + 50p? = 12000.
If the price is increasing at a rate of 2 dollars per month when the price is 10 dollars,
find the rate of change of the demand.
The rate of change of demand is
items per month.

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