Question

Solve the problem. If the price in dollars) of a product is given by P(x) 1024 + 1000, where x represents the х demand for the product, find the rate of change of price when the demand is 32 units. 0 -$1/unit O $1/unit O $32/unit O $32/unit

Answer 1

we have the following:

$P(x)=\frac{1024}{x}+1000$

x=32, replacing:

$\frac{1024}{32}=32$

therefore, the answer is $32/unit