The demand function for a certain product is p = V500 – 2q², where q is the quantity of the product produced and sold while p is the unit price when q units are produced.

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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The demand function for a certain product is p = V500 – 2q², where q is the quantity of the product produced
and sold while p is the unit price when q units are produced.
Transcribed Image Text:The demand function for a certain product is p = V500 – 2q², where q is the quantity of the product produced and sold while p is the unit price when q units are produced.
Find the point elasticity of demand when q
10.
Transcribed Image Text:Find the point elasticity of demand when q 10.
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