Rate of quantity demanded

Price: $5 USD

Question description

The quantity demanded per month, x, of a certain make of personal computer (PC) is related to the average unit price, p (in dollars), of PCs by the equation
x = f(p) = 100/9 √(810,000-p^2)

It is estimated that t mo from now, the average price of a PC will be given by
p(t) =400/1+(1/8)√(t)+200

dollars. Find the rate at which the quantity demanded per month of the PCs will be changing 36 mo from now. (Round your answer to one decimal place.) 

Tutor Answer

(Top Tutor) Daniel C.
School: University of Virginia
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