document.write( "Question 280803: The demand equation for a certain product is given by p= 500-0.5e^0.004x. Find the price p for a demand of x=1000 \n" ); document.write( "
Algebra.Com's Answer #204056 by stanbon(75887)\"\" \"About 
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The demand equation for a certain product is given by
\n" ); document.write( "p= 500-0.5e^0.004x.
\n" ); document.write( "Find the price p for a demand of x=1000
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\n" ); document.write( "p(1000) == 500 - 0.5*e^(0.004*1000)
\n" ); document.write( "p(1000) = 500 - 0.5e^4
\n" ); document.write( "p(1000) = 500 - 27.30
\n" ); document.write( "p(1000) = $472.70
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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