Purchase Solution

# Product Demand

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1. If p is price in dollars and q is quantity, demand for a product is given by q = 5000e^0.08p
a. What quantity is sold at a price of \$10?
b. Find the derivative of demand with respect to price when the price is \$10 and interpret your answer in terms of demand.

2. The demand for a product is given above. Find the revenue and the derivative of revenue with respect to price at a price of \$10.

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Product Demand is assessed.

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1. If p is price in dollars and q is quantity, demand for a product is given by q = 5000e^0.08p
a. What quantity is sold at a price of \$10?

To find the quantity sold when the price we find

units sold (I have rounded down to nearest whole number as the exact solution comes out as a decimal and it does not make sense to sell a fraction of an item)

b. Find the ...

##### Graphs and Functions

This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.

Each question is a choice-summary multiple choice question that will present you with a linear equation and then make 4 statements about that equation. You must determine which of the 4 statements are true (if any) in regards to the equation.