Question 732004: Hi! Can anyone help me discern the solution and answer for this problem:
"The supply equation for a calculator is y=m^2+ square root of 'm', where 100y calculators are supplied when m dollars is the price per calculator. find the instantaneous rate of change of the supply with respect to the price when the price is $1,600."
Thanks! :)
Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! "The supply equation for a calculator is y=m^2+ square root of 'm', where 100y calculators are supplied when m dollars is the price per calculator. find the instantaneous rate of change of the supply with respect to the price when the price is $1,600."
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The instantaneous rate of change = the derivative is y'(m) = 2m+(1/(sqrt(m))
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y'(1600) = 2*1600+(1/40) = 3200.03
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Cheers,
Stan H.
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