TANAPCALCBR10 3.1.058.MI. M Demand Function for Desk Lamps The demand function for the Luminar desk lamp is given by p =
Posted: Tue May 10, 2022 6:20 pm
TANAPCALCBR10 3.1.058.MI. M Demand Function for Desk Lamps The demand function for the Luminar desk lamp is given by p = f(x) - -0.1x2 - 0,8% + 40 where x is the quantity demanded in thousands and p is the unit price in dollars (a) Find f'(x) F'(x) - - 2x -.8 Excellenti (b) What is the rate of change of the unit price (in dollars per 1,000 tamps) when the quantity demanded is 2,000 units ( x2) $-3 X per 1,000 lamps What is the unit price in dollars) at that level of demand? $ 7.1 X