Suppose the demand for a certain item is given by D(p) = -2p²-3p + 700, where p represents the price of the item in dollars. a. Find the rate of change of demand with respect to price. b. Find and interpret the rate of change of demand when the price is $10.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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Suppose the demand for a certain item is given by D(p) = -2p² - 3p+700, where
p represents the price of the item in dollars.
a. Find the rate of change of demand with respect to price.
b. Find and interpret the rate of change of demand when the price is $10.
Transcribed Image Text:Suppose the demand for a certain item is given by D(p) = -2p² - 3p+700, where p represents the price of the item in dollars. a. Find the rate of change of demand with respect to price. b. Find and interpret the rate of change of demand when the price is $10.
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