1
answer
0
watching
511
views
13 Nov 2019

The marginal price dp/dx at x units of demand per week is proportional to the price p. There is no weekly demand at a price of $100 per unit [p(0)=100]​, and there is a weekly demand of 44 units at the price of $63.33 per unit [p(4)=63.33].

Use the given information to answer the questions.

a) Find the​ price-demand equation.

b) At a demand of 20 units per​ week, what is the​ price?

For unlimited access to Homework Help, a Homework+ subscription is required.

Casey Durgan
Casey DurganLv2
23 Jun 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in

Related textbook solutions

Related questions

Weekly leaderboard

Start filling in the gaps now
Log in