The quantity demanded weekly of the super titan

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Reference no: EM13852758

1.) Suppose the quantity demanded weekly of the Super Titan radial tires is related to its unit price by the equation p+x²=196

where p is measured in dollars and x is measured in units of a thousand. How fast is the quantity demanded weekly changing when x=6, p=160, and the price per tire is increasing at the rate o f$2/week?

2.) Suppose the quantity x of Super Titan radial tires made available each week in the marketplace is related to the unit-selling price by the following equation where x is measured in units of a thousand and p is in dollars.

P=1/2x^2=48

How fast is the weekly supply of Super Titan radial tires being introduced into the marketplace when x = 6, p = 66, and the price/tire is decreasing at the rate of $6/week?

Reference no: EM13852758

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