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Calculus1
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Suppose the quantity demanded monthly of a certain commodity is related to its unit price by the equation 2x^2−1xp+50p^2=21200. where x is the quantity demanded and where the unit price, p, is measured in dollars. If the price is increasing at a rate of 2 dollars per month when the price is 20 dollars, at what rate is the monthly demand changing?
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Is this problem from a course in elementary calculus? If so, your goal is to find the rate of change of the monthly demand with respect time time (in months). Does that ring a bell with you?
Hint: Try implicit differentiation.
it's from calculus1 and i tried implicit differentiation but i don't really know what i need to do after... by the way thank you for your help.
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