A firm’s demand for a new gadget is modeled by D(p)= 10 p-0.5
MATHEMATICS · Subjective · A Level · Mathematics · Algebra and Functions · Algebra and Functions
Problem
A firm’s demand for a new gadget is modeled by
D(p)=p−0.510,p>0.5,
where p is the price in dollars.
Determine the price at which demand becomes unbounded and evaluate the corresponding limit of D(p) as p approaches that price.