The demand function for a product is modeled by p = 13,000(1 – 6 +e-0.001x Find the pricep (in dollars) of the product when the quantity demanded is x = 1000 units and x = 1500 units. What is the limit of the price as x increases without bound? (a) x = 1000 units (Round your answer to two decimal places.) (b) x = 1500 units (Round your answer to two decimal places.) (c) What is the limit of the price as x increases without bound?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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The demand function for a product is modeled by
13,000(1-
p =
-0.001x
6 + e
Find the price p (in dollars) of the product when the quantity demanded is x = 1000 units and x = 1500 units. What is the limit of the price as x increases without bound?
x = 1000 units (Round your answer to two decimal places.)
(a)
$
x = 1500 units (Round your answer to two decimal places.)
(b)
$
(c) What is the limit of the price as x increases without bound?
$
Transcribed Image Text:The demand function for a product is modeled by 13,000(1- p = -0.001x 6 + e Find the price p (in dollars) of the product when the quantity demanded is x = 1000 units and x = 1500 units. What is the limit of the price as x increases without bound? x = 1000 units (Round your answer to two decimal places.) (a) $ x = 1500 units (Round your answer to two decimal places.) (b) $ (c) What is the limit of the price as x increases without bound? $
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