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c) Suppose the price increases at a rate $7/month. How fast does the demand decrease when the demand is q = 3?

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Bunny Greenfelder
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5 Jan 2018
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Related questions

8. A company is planning to produce a new electric toaster. After conducting an extensive market survey, the research department provides the following information: when the unit price is $16 per toaster, then the weekly demand is 20 toasters; for every $2 decrease in the unit price, the weekly demand increases by 10 toasters. The financial department estimate that the weekly fix costs will be $140 and the variable cost of production will be $4 per toaster. Let p be the unit price and let q be weekly demand. Note: Please simplify your answers such that your answers for (b) and (c) are given by integers. (a) Find the demand function linking p and q. Answer:

:-

The area of a triangle with sides of length a and b and contained angle is

  1. If a =2cm , b = 3 cm , increase at a rate of 0.2 rad/min .How fast is the area increasing when ?

  2. If a = 2cm , b increases at a rate of 1.5 cm/min and increases at a rate of 0.2rad/min, how fast is the area increasing when b = 3 cm , and ?

  3. If a increases at a rate of 2.5 cm/min, b increases at a rate of 1.5 cm/min and increases at a rate of 0.2 rad/min, How fast is the area increasing when a =2cm ,b=3 cm, ?

(b) If the current demand is q = 3, will the revenue increase or decrease if the price is raised slightly?

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