Chapter 13.8, Problem 26E

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11th Edition

Ronald J. Harshbarger + 1 other

ISBN: 9781305108042

Textbook Problem

In Problems 23-30, round all calculations to 2 decimal places.

** Demand** Suppose that the demand tor

Use Simpsons Rule with *n* = 6 to approximate the average price as demand ranges from 3 to 9 items.

To determine

**To calculate:** The average price as demand ranges from 3 to 9 items using Simpson’s Rule with *q* units of a certain product at *$p* is given as

Explanation

**Given Information:**

The demand for *q* units of a certain product at *$p* is given as

**Formula Used:**

As per the Simpson’s Rule:

If *n* of equal subdivisions, then,

Where

**Calculation:**

The provided expression is

In order to apply the rule, the value of *h* is as follows:

Hence, the value of *h* is

So, the interval

Put the values of the

Then,

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