Posted by daan on Sunday, November 7, 2010 at 9:46am.
The demand function for a product is modeled by :
p=10,000(1-(3/3+e^-0.001x)
Find the price of the product if the quantity demanded is (a) x=1000 units and (b) x=1500 units. What is the limit of the price as x increases without bound?
The demand function for a product is modeled by :
p=10,000(1-(3/3+e^-0.001x)
Find the price of the product if the quantity demanded is (a) x=1000 units and (b) x=1500 units. What is the limit of the price as x increases without bound?
This page has your question.
Just change the numbers.
http://answers.yahoo.com/question/index?qid=20070417102536AAJzT6F
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