The answer is inconsistent
Answer:
Step-by-step explanation:
Given the approximate demand function of night drink expressed as;
p^2+200q^2=177,
p is the price (in dollars) and;
q is the quantity demanded (in thousands).
Given
p = $7
q = 800
Required
dq/dp
Differentiating the function implicitly with respect to p shown;
2p + 400d dq/dp = 0
400q dq/dp = -2p
200qdq/dp = -p
dq/dp = -p/100q
substitute p and q into the resulting equation;
dq/dp = -7/100(800)
dq/dp = -7/80000
dq/dp = -0.0000875
This means that the rate of change of quantity demanded with respect to the price is -0.0000875
Answer:
Most commonly seen in the consumer goods industry
Answer:
i think i used it before
Step-by-step explanation:
part A)
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part B)
f(x) = 10 + 20x
so if you rent the bike for a few hours that is
1 hr.............................10 + 20(1)
2 hrs..........................10 + 20(2)
3 hrs..........................10 + 20(3)
so the cost is really some fixed 10 + 20 bucks per hour, usually the 10 bucks is for some paperwork fee, so you go to the bike shop, and they'd say, ok is 10 bucks to set up a membership and 20 bucks per hour for using it, thereabouts.
f(100) = 10 + 20(100) => f(100) = 2010.
f(100), the cost of renting the bike for 100 hours.
