The demand equation for the Sicard wristwatch is given by ,
, where x (measured in units of a thousand) is the quantity demanded each week and p is the unit price in dollars. Find the rate of change of the quantity demanded of the wristwatches with respect to the unit price when the unit price is $10. Round your answer to the nearest whole number.
A) wristwatches/(dollar price increase)
B) wristwatches/(dollar price increase)
C) wristwatches/(dollar price increase)
D) wristwatches/(dollar price increase)
Correct Answer:
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