p+ x² = 100 where p is measured in dollars and x is measured in thousands of tires. Use implicit differentiation to determine how fast the demand changes when x = 8, p = 36 and the price per tire is increasing at a rate of $2/week. That is, find dx/dt when x = 8, p = 36 and dp/dt = 2.

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 60SE: The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is...
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 Suppose the quantity demanded (weekly) of tires x is related to its unit price p by the equation

p+ x² = 100
where p is measured in dollars and x is measured in thousands of tires. Use implicit
differentiation to determine how fast the demand changes when x = 8, p = 36 and the price
per tire is increasing at a rate of $2/week. That is, find dx/dt when x = 8, p = 36 and
dp/dt = 2.
Transcribed Image Text:p+ x² = 100 where p is measured in dollars and x is measured in thousands of tires. Use implicit differentiation to determine how fast the demand changes when x = 8, p = 36 and the price per tire is increasing at a rate of $2/week. That is, find dx/dt when x = 8, p = 36 and dp/dt = 2.
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