Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function. N(p) = 70 - 3p; 1sps4 Find the average rate of change in the number of boxes of nails that customers are willing to buy (demand) for a change in price from $2 to $3. The average rate of change of demand for a change in price from $2 to $3 is (Type an integer or a decimal.) boxes per dollar.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
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Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function.
N(p) = 70 – 3p“; 1sp54
Find the average rate of change in the number of boxes of nails that customers are willing to buy (demand) for a change in price from $2 to $3.
The average rate of change of demand for a change in price from $2 to $3 is
boxes per dollar.
(Type an integer or a decimal.)
Transcribed Image Text:Suppose customers in a hardware store are willing to buy N(p) boxes of nails at p dollars per box, as given by the following function. N(p) = 70 – 3p“; 1sp54 Find the average rate of change in the number of boxes of nails that customers are willing to buy (demand) for a change in price from $2 to $3. The average rate of change of demand for a change in price from $2 to $3 is boxes per dollar. (Type an integer or a decimal.)
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