Suppose that the weekly sales volume y (in thousands of units sold) depends on the price per unit (in dollars) of the product according to the following formula. y = 33(3p + 1)-2/5, p> 0 (a) What is the rate of change in sales volume when the price is $18? (Round your answer to three decimal places.) dy dp (b) Interpret your answer to part (a). (Round your answer to the nearest whole number.) If the price increases $1, the sales volume will decrease by units.
Suppose that the weekly sales volume y (in thousands of units sold) depends on the price per unit (in dollars) of the product according to the following formula. y = 33(3p + 1)-2/5, p> 0 (a) What is the rate of change in sales volume when the price is $18? (Round your answer to three decimal places.) dy dp (b) Interpret your answer to part (a). (Round your answer to the nearest whole number.) If the price increases $1, the sales volume will decrease by units.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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