Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related to the weekly supply x (in thousands of cartons) by the following equation. 625p2 − x2 =100 If 20000 cartons of eggs are available at the beginning of a certain week and the price is falling at the rate of 3¢/carton/week, at what rate is the supply changing? (Round your answer to the nearest whole number.) (Hint: To find the value of p when x = 20, solve the supply equation for p when x = 20.)

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.7: Direct And Inverse Variation
Problem 36PS
icon
Related questions
icon
Concept explainers
Topic Video
Question
Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related to the weekly supply x (in thousands of cartons) by the following equation.
625p2 − x2 =100
If 20000 cartons of eggs are available at the beginning of a certain week and the price is falling at the rate of 3¢/carton/week, at what rate is the supply changing? (Round your answer to the nearest whole number.) (Hint: To find the value of p when x = 20, solve the supply equation for p when x = 20.)
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Application of Algebra
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
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning