Let p1 be the average price of MP3 players, p2 the average price of audio files, f (p1, p2) the demand for MP3 players, and g (p1, p2) the demand for audio files. Explain why df/dp2 < 0 and dg/dp1 < 0.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.9: Combining Functions
Problem 49HP
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Let p1 be the average price of MP3 players, p2 the average price of audio files, f (p1, p2) the demand for MP3 players, and g (p1, p2) the demand for audio files. Explain why df/dp2 < 0 and dg/dp1 < 0.

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