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When a Certain Commodity Is Sold for P Dollars Per D(p)=31,500pD ( p ) = \frac { 31,500 } { p }

question 12

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When a certain commodity is sold for p dollars per unit,consumers will buy D(p) =31,500pD ( p ) = \frac { 31,500 } { p } units per month.It is estimated that t months from now,the price of the commodity will be p(t) =t2/3+5.15p ( t ) = t ^ { 2 / 3 } + 5.15 dollars per unit.The approximate rate at which the monthly demand will be changing with respect to time in 27 months is


Definitions:

Net Income

Net income, also known as net profit, is the total earnings of a company after all expenses and taxes have been deducted from revenue.

Planning Assumptions

The set of hypotheses upon which a plan or strategy is built, regarding future market conditions, costs, or other factors.

Negative Net Income

A financial situation where a company's total expenses exceed its revenues, leading to a loss.

Extra Money

Extra money refers to funds that are available beyond what is needed for regular expenses, savings, or immediate commitments.

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