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A company estimates that the weekly sales q of its product is related to the product's price p by the function
q = 10350/[p^(8/3)]
where p is in dollars. Currently, each unit of the product is selling for $3
Round these next two parts to the nearest whole number. A. Determine the effect on revenue if the price were decreased by 1%. If the price were decreased by 1%, the revenue will increase by $_. B. Determine the effect on revenue if the price were decreased by 5%. If the price were decreased by 5%, the revenue will increase by $_
Sagot :
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