Suppose the Wholesale Price of a Certain Brand of Medium-Sized

question 108

Multiple Choice

Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related to the weekly supply x (in thousands of cartons) by the equation . If 23,000 cartons of eggs are available at the beginning of a certain week and the supply is falling at the rate of 800 cartons/week, at what rate is the wholesale price changing? (Hint: To find the value of p when , solve the supply equation for p when ) .

• A)Increasing at the rate of
• B)Increasing at the rate of
• C)Dropping at the rate of
• D)Dropping at the rate of
• E)Dropping at the rate of

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