Multiple Choice
Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related to the weekly supply x (in thousands of cartons) by the equation . If 25,000 cartons of eggs are available at the beginning of a certain week and the supply is falling at the rate of 1,000 cartons/week, at what rate is the wholesale price changing?
(Hint: To find the value of p when, solve the supply equation for p when) .
A) Increasing at the rate of 3.6 dollars/carton/wk
B) Increasing at the rate of 3.7 dollars/carton/wk
C) Dropping at the rate of 3.7 dollars/carton/wk
D) Dropping at the rate of 3.6 dollars/carton/wk
Correct Answer:

Verified
Correct Answer:
Verified
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