March 15th, 2012, 02:51 PM  #1 
Senior Member Joined: Feb 2012 Posts: 110 Thanks: 0  marginal price and pricedemand
This is a word problem. I really don't understand what they are asking here. If the marginal price dp/dx at x units of demand per week is proportional to the price p, and if at $80 there is no weekly demand [p(0)=80] and if at $50.18 there is a weekly demand of 8 units [p(=50.18] find the pricedemand equation Thank you for your help. I really appreciate it. This site helps so much. Thank you for everyone that has helped me in the past. 
March 15th, 2012, 03:01 PM  #2 
Senior Member Joined: Feb 2012 Posts: 628 Thanks: 1  Re: marginal price and pricedemand so the pricedemand equation is where k is calculated as above. 
March 15th, 2012, 03:07 PM  #3 
Senior Member Joined: Feb 2012 Posts: 110 Thanks: 0  Re: marginal price and pricedemand
thank you iceman. That cleared things up completely.


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