The demand function for a certain product is given by p = 500 + 1000 q + 1 where p is the price and q is the number of units demanded. Find the average price as demand ranges from 46 to 92 units. (Round your answer to the nearest cent.)
The demand function for a certain product is given by p = 500 + 1000 q + 1 where p is the price and q is the number of units demanded. Find the average price as demand ranges from 46 to 92 units. (Round your answer to the nearest cent.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section: Chapter Questions
Problem 7T
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Question
The demand function for a certain product is given by
p = 500 +
1000 |
q + 1 |
where p is the price and q is the number of units demanded. Find the average price as demand ranges from 46 to 92 units. (Round your answer to the nearest cent.)
$
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