Suppose that the demand for x units of a product is x = 15,000 - 150p where p dollars is the price per unit. Then the consumer expenditure for the product is E(p) = px = p(15,000 - 150p) = 15,000p - 150p2. What is the instantaneous rate of change of consumer expenditure with respect to price at the following values? (a) any price p (b) p = 5 (c) p = 35

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Exponential Growth Model

The relation that represents an exponential function is: