Determining the pricing and sales

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Reference no: EM131789497

Pricing and sales

Suppose that the weekly sales volume y (in thousands of units sold) depends on the price per unit (in dollars) of the product according to

y = 32(3p + 1)-2/5,

(a) What is the rate of change in sales volume when the price is $21?

(b) Interpret your answer to part (a).

Reference no: EM131789497

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