Problem

Price–demand. A company manufactures and sells in-line skates. Its financial department ha...

Price–demand. A company manufactures and sells in-line skates. Its financial department has established the price–demand function

where p(x) is the price at which x thousand pairs of in-line skates can be sold.

(A) Describe how the graph of function p can be obtained from the graph of one of the basic functions in Figure on page 19.


(B) Sketch a graph of function p using part (A) and a graphing calculator as aids.

Figure Some basic functions and their graphs

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