Suppose the demand function for q thousand units of a certain commodity is given by p = 100 (4-3/³) a) At what price will the demand equal 4000 units? (Round to the nearest cent.) The price will be: [Select] b) How many units, to the nearest thousand units, will be demanded if the price is $35.22? The number of units will be: [Select]
Suppose the demand function for q thousand units of a certain commodity is given by p = 100 (4-3/³) a) At what price will the demand equal 4000 units? (Round to the nearest cent.) The price will be: [Select] b) How many units, to the nearest thousand units, will be demanded if the price is $35.22? The number of units will be: [Select]
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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![Suppose the demand function for q thousand units of a certain commodity is given by
p = 100 (4-3/³)
a) At what price will the demand equal 4000 units? (Round to the nearest cent.)
The price will be:
[Select]
b) How many units, to the nearest thousand units, will be demanded if the price is $35.22?
The number of units will be: [Select]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe4c08af9-5d4b-4492-bc1d-f80f84af0110%2F8188cd97-8648-4a49-b6a8-05757fe9a302%2Fz9ulifk_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose the demand function for q thousand units of a certain commodity is given by
p = 100 (4-3/³)
a) At what price will the demand equal 4000 units? (Round to the nearest cent.)
The price will be:
[Select]
b) How many units, to the nearest thousand units, will be demanded if the price is $35.22?
The number of units will be: [Select]
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