Solve the problem.
-The demand for tickets at a concert hall can be approximated by , where is the price (in dollars) and q is the quantity demanded. Use implicit differentiation to find and interpret when .
A) means that if the price is increased by , the quantity demanded decreases by approximately tickets.
B) means that if the price is decreased by , the quantity demanded increases by 1 ticket.
C) means that if the price is decreased by , the quantity demanded increases by 1 ticket.
D) means that if the price is increased by , the quantity demanded decreases by approximately 4 tickets.
Correct Answer:
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