Posted by **Jules** on Friday, April 29, 2011 at 4:05pm.

Could someone work this question out 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 nearest hundreth.

B)At a demand of 25 units per week, what is the price? Round to the nearest cent.

## Answer this Question

## Related Questions

- Math - Could someone work this question out so I understand it. Thanks The ...
- Math - Could someone work this question out so I understand it. Thanks The ...
- Math - Could someone answer this question so I understand it. Thanks The ...
- calc - I have everything right but the last question asking how many cases per ...
- brief calculus - I have everything right but the last question asking how many ...
- marketing - You have been hired as a marketing consultant to Johannesburg Burger...
- Business Cal - The research department for a hardware chain has determined that ...
- college/microeconomics - Just needing to know if I have done the work correctly ...
- Microeconomics: - Just needing to know if I have done the work correctly with ...
- Math - Limits/Derivatives - If a price-demand equation is solved for p, then ...

More Related Questions