Assume that the demand function for tuna in a small coastal town is given by where q is the number of pounds of tuna that can be sold in 1 month at the price of p dollars per pound. The town s fishery finds that the demand for tuna is currently 900 pounds per month and is increasing at a rate of 50 pounds per month. How fast is the price changing?
A)$0.123 per pound per month
B)$1.111 per pound per month
C)$0.082 per pound per month
D)$0.055 per pound per month
E)$0.041 per pound per month

Question

Assume that the demand function for tuna in a small coastal town is given by  where q is the number of pounds of tuna that can be sold in 1 month at the price of p dollars per pound. The town s fishery finds that the demand for tuna is currently 900 pounds per month and is increasing at a rate of 50 pounds per month. How fast is the price changing?
A)$0.123 per pound per month 
B)$1.111 per pound per month 
C)$0.082 per pound per month 
D)$0.055 per pound per month 
E)$0.041 per pound per month

Quizplus · Accepted Answer

The Answer of Assume that the demand function for tuna in a small coastal town is given by  where q is the number of pounds of tuna that can be sold in 1 month at the price of p dollars per pound. The town s fishery finds that the demand for tuna is currently 900 pounds per month and is increasing at a rate of 50 pounds per month. How fast is the price changing?
A)$0.123 per pound per month 
B)$1.111 per pound per month 
C)$0.082 per pound per month 
D)$0.055 per pound per month 
E)$0.041 per pound per month

Assume That the Demand Function for Tuna in a Small