Economics—Price-Demand: The price-demand function for the new SwipeType keyboard is given by
p(x ) = 35 − 0.2x
where x represents the number of units sold each day and p(x) represents the price per unit, measured in dollars.
(a) Complete the table of value for the various production levels:
x
0
10
20
30
40
50
P(x)
(b) Make a graph of p for 0 ≤ x ≤ 50.
(c) Using the domain given in part (b), write the corresponding range.
(d) Evaluate p (35) and interpret the result.
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