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Use the Demand Function x=250(15p7p+2)x = 250 \left( 1 - \frac { 5 p } { 7 p + 2 } \right)

Question 74

Multiple Choice

Use the demand function x=250(15p7p+2) x = 250 \left( 1 - \frac { 5 p } { 7 p + 2 } \right) to find the rate of change in the demand x for the given price p=$2.00p = \$ 2.00 . Round your answer to two decimal places.


A) 9.77 units per dollar
B) -1.95 units per dollar
C) 1.95 units per dollar
D) 3.47 units per dollar
E) -9.77 units per dollar

Correct Answer:

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