The marginal demand to estimate the change in demand when the price is increased by one dollar is -157.
Given, where p represents the price of the item in dollars.
Currently, the price of the item is $20.
<h3>What is marginal demand?</h3>
In economics, marginal demand refers to the shift in demand for a product or service in reaction to a price adjustment. Normally, as the price of a good or service rises, demand decreases, and vice versa, as the price of a good or service decreases, demand increases.
We have to use the marginal demand to estimate the change in demand when the price is increased by one dollar.
The rate of change of demand with respect to price is obtained by differentiating D with respect to p in .
That is, dD/dp = -8p+3
Given, p = $20
dD/dp = -8×20+3=-157
Therefore, the marginal demand to estimate the change in demand when the price is increased by one dollar is -157.
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Answer:
1
Step-by-step explanation:
Since the coefficient of x is always double the second number in a squared binomial -> (x-1), -2 is double -1. -1 squared gives you 1.
You are given the unknown number which has a quotient of 3 and a
remainder of 28. This means that 3 is the whole number from the division of the
unknown number and 43 and 28 is the decimal, 3.28. Also, the number is divided
by 43 too. Let us denote n as the number so we have n/43. Then equate the n/43
to 3.28.
n/43 = 3.28
n = 43 (3.28)
n = 141.04
<span>The number is 141. 04</span>
Answer: 947
Step-by-step explanation:
71 x 8 = 568
568 + 379 = 947
Answer = 947
2 x 6x - 2 x 5y - 7
12x - 10y - 7