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) = 80 – 4p, 1sps4 a. Find the average rate of change of 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 -20 boxes per dollar. (Type an integer or a decimal.) b. Find the instantaneous rate of change of demand when the price is $2. The instantaneous rate of change of demand when the price is $2 is boxes per dollar. (Type an integer or a decimal.)

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) = 80 – 4p, 1sps4 a. Find the average rate of change of 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 -20 boxes per dollar. (Type an integer or a decimal.) b. Find the instantaneous rate of change of demand when the price is $2. The instantaneous rate of change of demand when the price is $2 is boxes per dollar. (Type an integer or a decimal.)

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

Problem 64PFA

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