A price p (in dollars) and demand x for a product are related by 2x – 2xp + 50p² : = 23000. If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand. Rate of change of demand =

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 5ECP
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A price p (in dollars) and demand x for a product are related by
2x - 2xp+ 50p = 23000.
If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand.
Rate of change of demand =
Transcribed Image Text:A price p (in dollars) and demand x for a product are related by 2x - 2xp+ 50p = 23000. If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand. Rate of change of demand =
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