Assume that the price of a pair of running shoes is $74 and E(74) = 0.41. If the price is decreased by $5, then what is the approximate change in demand? Round your answer to the nearest hundredth of a percent. The demand will increase by approximately ______ %

Assume that the price of a pair of running shoes is $74 and E(74) = 0.41. If the price is decreased by $5, then what is the approximate change in demand? Round your answer to the nearest hundredth of a percent. The demand will increase by approximately ______ %

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section7.8: Transforming Exponential Expressions

Problem 17PFA

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The demand will increase by approximately ______ %.

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