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Title: The demand for a product is given by the following demand function: Post by: Catracho on Jul 18, 2019 The demand for a product is given by the following demand function:
O.007q + 85 where q is units in demand and D(q) is the price per item, in dollars. If 5, 900 units are in demand, what price can be charged for each item? Price per unit = S Title: Re: The demand for a product is given by the following demand function: Post by: bio_man on Jul 18, 2019 Substitute 5900 into the function to get the slope.
D(q) = -0.007q + 85 D(5900) = -0.007(5900) + 85 D(5900) = $43.70 / item |