a) p = 1000e(-x)
b) dp/dx = -p
at p= $10 , the rate of change is -10
c) dx/dp = 1/(dp/dx)
The two derivatives are reciprocals of each other.
Since the function is not given.
The function below is used for this calculation.
x = ln(1000/p)
i’m sorry but i don’t know sorry
solve the demand function in exercise 73 for p. use the result to find dp/dx. then find...