16 Nov 2021
Problem 47a
Page 308
Section 4.6: Optimization Problems
Chapter 4: Applications of Differentiation
Textbook ExpertVerified Tutor
16 Nov 2021
Given information
Given :- A manufacturer has been selling 1000 television sets a week at $450 each.
To find :- Find the demand function .
Step-by-step explanation
Step 1.
As per the given problem
Sold 1000 television sets per day at $450 each
So, if one $10 rebate is offered then sold 1100 television sets day at $440 each
Let price p as a function of units sold x
The two points of demand function,
Then , the slope will be,