Demand According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people are willing to buy per week from a retail chain at a price of $p is given by x= 1,000 0.3p+1' 10 ≤ p ≤ 70. Answer parts (A), (B), and (C). X 500- 250- x= 1,000 0.3p+1 40 Price (dollars) 80 b) Find S(5) and S'(5). The value of S(5) rounded to the nearest hundredth is 10. The value of S'(5) rounded to the nearest hundredth is 3.2.
Demand According to economic theory, the demand x for a quantity in a free market decreases as the price p increases (see the figure). Suppose that the number x of DVD players people are willing to buy per week from a retail chain at a price of $p is given by x= 1,000 0.3p+1' 10 ≤ p ≤ 70. Answer parts (A), (B), and (C). X 500- 250- x= 1,000 0.3p+1 40 Price (dollars) 80 b) Find S(5) and S'(5). The value of S(5) rounded to the nearest hundredth is 10. The value of S'(5) rounded to the nearest hundredth is 3.2.
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Topics In Analytic Geometry
Section: Chapter Questions
Problem 33CT
Question
After 6 months, the total sales will be approximately how many DVD's?
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