The demand for a certain commodity is D(x) = 8000e−.08x units per month when the market price is x dollars per unit. |
(a) | At what rate is the consumer expenditure E(x) = xD(x) changing with respect to price x when the price is equal to $180 dollars? |
(b) | At what price does consumer expenditure stop increasing and begin to decrease? |
(c) | At what price does the rate of consumer expenditure
begin to increase? |
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