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.

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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