Change in price when the quantity supplied is increased

Reference no: EM13968049

The supply equation for a certain brand of radio is given as follows where x is the quantity supplied and p is the unit price in dollars.

p = s(x) = 0.3√x + 9

Use differentials to approximate the change in price when the quantity supplied is increased from 10000 units to 10500. (Give your answer correct to the nearest cent.)

Reference no: EM13968049

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