Posted by Anonymous on .
Could someone answer this question so I understand it. Thanks
The marginal price dp/dx at x units of demand per week is proportional to the price p. There is no weekly demand at a price of $100 per unit [p(0)=100], and there is a weekly demand of 8 units at the price of $60.83 per unit [p(8)=60.83].
A) Find the price demand equation.Give an exact answer in simplified form. Round all decimal values to the neares hundreth.
B)At a demand of 25 units per week, what is the price?Round to the nearest cent.