Find the price-demand equation for tickets to a particular zoo when the demand is 225 tickets per day at $15.00 per ticket, given that the marginal price-demand function, p′(x), for x number of tickets per day, is given as p′(x)=−0.015e−0.01x. If the zoo only sells 150 tickets per day, what should the price be? Do not round until the end. Round your answer to the nearest hundredth and do not include a dollar sign in your answer.

Find the price-demand equation for tickets to a particular zoo when the demand is 225 tickets per day at $15.00 per ticket, given that the marginal price-demand function, p′(x), for x number of tickets per day, is given as p′(x)=−0.015e−0.01x. If the zoo only sells 150 tickets per day, what should the price be? Do not round until the end. Round your answer to the nearest hundredth and do not include a dollar sign in your answer.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter5: Supply, Demand, And Price: Applications

Section5.7: Application 7: Why Do Colleges Use Gpa,s Actss, And Sats, For Purposes Of Admission?

Problem 2ST

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