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At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars b per quarter pound, as given by the price-demand equation a = a + =, where a = 10 and Р b=240. Find the instantaneous rate of change of demand with respect to price when the price is $6.31. Round to the nearest hundredth (2 decimal places) pounds per dollar

At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars b per quarter pound, as given by the price-demand equation a = a + =, where a = 10 and Р b=240. Find the instantaneous rate of change of demand with respect to price when the price is $6.31. Round to the nearest hundredth (2 decimal places) pounds per dollar

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
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Price-Demand Equation At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars b per quarter pound, as given by the price-demand equation a = a + =, where a = 10 and Р b = 240. Find the instantaneous rate of change of demand with respect to price when the price is $6.31. Round to the nearest hundredth (2 decimal places) pounds per dollar
Transcribed Image Text:Price-Demand Equation At YasterMart, people are willing to buy a pounds of chocolate candy per day at $p dollars b per quarter pound, as given by the price-demand equation a = a + =, where a = 10 and Р b = 240. Find the instantaneous rate of change of demand with respect to price when the price is $6.31. Round to the nearest hundredth (2 decimal places) pounds per dollar
Use the cubic regression model above to answer this question. Predict instantaneous rate of change of the percentage of female high school graduates in 2011. Round to the nearest hundredth (2 decimal places). % per year NOTE: Your answer may be negative.
Transcribed Image Text:Use the cubic regression model above to answer this question. Predict instantaneous rate of change of the percentage of female high school graduates in 2011. Round to the nearest hundredth (2 decimal places). % per year NOTE: Your answer may be negative.
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