The demand function for SkanDisc 2GB thumb drives is given by P = 2(x + 4) e-x/4 where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Compute the price, p, when x = 8. Do not round your answer. Price, p = dollars Use implicit differentiation to compute the rate of change of demand with respect to price, p, when x = Rate of change of demand, x' = thousands of units per dollar Compute the elasticity of demand when x = 8. Do not round your answer. Elasticity of Demand = Do not round your answer.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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The demand function for SkanDisc 2GB thumb drives is given by
Р = 2(x + 4) e-x/4
where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
Compute the price, p, when x = 8. Do not round your answer.
Price, p =
dollars
Use implicit differentiation to compute the rate of change of demand with respect to price, p, when x = 8. Do not round your answer.
Rate of change of demand, x' =
thousands of units per dollar
Compute the elasticity of demand when x = 8. Do not round your answer.
Elasticity of Demand =
Transcribed Image Text:The demand function for SkanDisc 2GB thumb drives is given by Р = 2(x + 4) e-x/4 where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Compute the price, p, when x = 8. Do not round your answer. Price, p = dollars Use implicit differentiation to compute the rate of change of demand with respect to price, p, when x = 8. Do not round your answer. Rate of change of demand, x' = thousands of units per dollar Compute the elasticity of demand when x = 8. Do not round your answer. Elasticity of Demand =
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