##### Determine the price at which the supplier will make 2,000 units

label Calculus
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Jun 18th, 2015

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$p=x^3+x+2$

where x is the quantity of units supplied in thousands

(So, x = 1 means 1000 units, x = 2 means 2000 units and so on)

and p is the unit price in dollars.

To find the price of 2000 units, substitute x = 2 in the equation

$\\ p=2^3+2+2\\ \\ p=8+4\\ \\ p=12$

So, price of 2000 units = \$12

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Jun 18th, 2015

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Jun 18th, 2015
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Jun 18th, 2015
Jun 29th, 2017
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