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OpenStudy (anonymous):
The demand equation for a certain product is given by p=450-0.4e^0.007x, where p is the price charged for the product. using algebra, find the demand x if the price charged is $300
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OpenStudy (anonymous):
0.4e^0.007 = 450-300 150/0.4 taking anti log on both side we get 0.007x= 5.92 x= 846.7
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