Math 165 Linear Price - Demand Model |
for each $1 increase in the price, 400 fewer cassettes are sold |
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the rate of change of demand with respect to price is [(-400)/1.00], a constant |
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for each $1 increase in the price, 400 fewer cassettes are sold |
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the rate of change of price with respect to demand is [1.00/(-400)], |
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