The demand for a particular breakfast pastry is given by the demand equation px +50p =16,000, where x thousands of boxes are demanded when p cents is the price per box. If the current price of the pastry is $1.60 per box and the price is increasing at the constant rate of 0.4 cents per week, find the rate of change in demand, with respect to time.
The demand for a particular breakfast pastry is given by the demand equation px +50p =16,000, where x thousands of boxes are demanded when p cents is the price per box. If the current price of the pastry is $1.60 per box and the price is increasing at the constant rate of 0.4 cents per week, find the rate of change in demand, with respect to time.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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