Mathematics, 24.03.2020 20:17 genyjoannerubiera
The demand function for a certain product is determined by the fact that the product of the price and the quantity demanded equals 8000. The product currently sells for $3.40 per unit. Suppose manufacturing costs are increasing over time at a rate of 12% and the company plans to increase the price p at this rate as well. Find the rate of change of demand over time.
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The demand function for a certain product is determined by the fact that the product of the price an...
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