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April 20, 2014

Homework Help: math calculus

Posted by sam on Friday, May 10, 2013 at 4:43pm.

The demand function for a product is given by
p = 10,000 [1 − (5/5 + e^−0.001x)]

where p is the price per unit (in dollars) and x is the number of units sold. Find the numbers of units sold for prices of
p = $1000
and
p = $1500.
(Round your answers to the nearest integer.)

(a) p = $1000 _____units
(b) p = $1500 _____units

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