Suppose that the demand function for a product is given by D(p= 50,000/p and that the price p is a function of time given by p= 1.9t+11, where t is in days. a) find the demand as function of time t b) find the rate of change of the quantity demanded when t= 90 days a) D(t)= b) what is the approximate rate of change of the quantitiy demanded when t=90 days  units/days

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 2SE: If a functionfis increasing on (a,b) and decreasing on (b,c) , then what can be said about the local...
icon
Related questions
Question

Suppose that the demand function for a product is given by D(p= 50,000/p and that the price p is a function of time given by p= 1.9t+11, where t is in days.

a) find the demand as function of time t

b) find the rate of change of the quantity demanded when t= 90 days

a) D(t)=

b) what is the approximate rate of change of the quantitiy demanded when t=90 days 

units/days

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Implicit Differentiation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax