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The Demand Equation for the Sicard Wristwatch Is Given by

Question 113

Multiple Choice

The demand equation for the Sicard wristwatch is given by The demand equation for the Sicard wristwatch is given by   , where x (measured in units of a thousand)  is the quantity demanded each week and p is the unit price in dollars. Find the rate of change of the quantity demanded of the wristwatches with respect to the unit price when the unit price is $60. Round your answer to the nearest whole number. A)  - 634 wristwatches/(dollar price increase)  B)  - 1,358 wristwatches/(dollar price increase)  C)  - 917 wristwatches/(dollar price increase)  D)  - 417 wristwatches/(dollar price increase) , where x (measured in units of a thousand) is the quantity demanded each week and p is the unit price in dollars. Find the rate of change of the quantity demanded of the wristwatches with respect to the unit price when the unit price is $60. Round your answer to the nearest whole number.


A) - 634 wristwatches/(dollar price increase)
B) - 1,358 wristwatches/(dollar price increase)
C) - 917 wristwatches/(dollar price increase)
D) - 417 wristwatches/(dollar price increase)

Correct Answer:

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