Suppose the supply of x units of a product at a price of p dollars per unit is given by p=20+40ln(2x+8). Find the rate of change of price with respect to the number of units supplied when the price is $45.
Suppose the supply of x units of a product at a price of p dollars per unit is given by p=20+40ln(2x+8). Find the rate of change of price with respect to the number of units supplied when the price is $45.
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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Suppose the supply of x units of a product at a price of p dollars per unit is given by p=20+40ln(2x+8). Find the rate of change of price with respect to the number of units supplied when the price is $45.
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