(a)
The meaning of
(a)
Explanation of Solution
Given:
Consider the function
Note that, the derivative
The derivative
The derivative
The instantaneous rate of change is equal to
Here
Thus, the units are pounds per dollars.
(b)
To explain: Whether
(b)
Explanation of Solution
The derivative
Since the quantity of coffee is sold is decrease when the price is increasing.
If price is 8 dollars, then the quantity of coffee sold will decreasing.
Thus, the value
Chapter 2 Solutions
Single Variable Calculus: Concepts and Contexts, Enhanced Edition