Solved

The Demand Equation for a Certain Brand of Metal Alloy

Question 32

Short Answer

The demand equation for a certain brand of metal alloy audiocassette tape is The demand equation for a certain brand of metal alloy audiocassette tape is   , where x represents the number (in thousands) of ten-packs demanded each week when the unit price is $p.How fast is the quantity demanded increasing when the unit price/ten-pack is $11 and the selling price is dropping at the rate of $.18/ten-pack/week? Round the answer to the nearest integer. Hint: To find the value of x when p = 11, solve the equation   for x when p = 11. Increasing at the rate of __________ ten packs/wk. , where x represents the number (in thousands) of ten-packs demanded each week when the unit price is $p.How fast is the quantity demanded increasing when the unit price/ten-pack is $11 and the selling price is dropping at the rate of $.18/ten-pack/week? Round the answer to the nearest integer.
Hint: To find the value of x when p = 11, solve the equation The demand equation for a certain brand of metal alloy audiocassette tape is   , where x represents the number (in thousands) of ten-packs demanded each week when the unit price is $p.How fast is the quantity demanded increasing when the unit price/ten-pack is $11 and the selling price is dropping at the rate of $.18/ten-pack/week? Round the answer to the nearest integer. Hint: To find the value of x when p = 11, solve the equation   for x when p = 11. Increasing at the rate of __________ ten packs/wk. for x when p = 11.
Increasing at the rate of __________ ten packs/wk.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions