A price p (in dollars) and demand x (in items) for a product are related by 2x² - 4xp + 75p² = 31,000. If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand with respect to time. (Round your answer to four decimal places.) The rate of change of demand with respect to time is 30.8 Submit Answer Xitems/month ✓✓.
A price p (in dollars) and demand x (in items) for a product are related by 2x² - 4xp + 75p² = 31,000. If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand with respect to time. (Round your answer to four decimal places.) The rate of change of demand with respect to time is 30.8 Submit Answer Xitems/month ✓✓.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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Transcribed Image Text:A price p (in dollars) and demand x (in items) for a product are related by 2x² - 4xp + 75p² = 31,000.
If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, find the rate of change of the demand with respect to time. (Round your answer to four
decimal places.)
The rate of change of demand with respect to time is 30.8
Submit Answer
Xitems/month ✓ ✓
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