Suppose that the demand x (in units) for a product is x 13,500-150p, where p dollars is the market price per unit. Then
Posted: Sat Jul 09, 2022 2:04 pm
Suppose that the demand x (in units) for a product is x 13,500-150p, where p dollars is the market price per unit. Then the consumer expenditure for the product is E-px-13,500p-150p² For what market price will expenditure be greatest?