Tuesday, November 6, 2012

Find the slope of the demand curve D(p) = 20 / sqrt (p-1), p>1, at point (5,10)

The demand slope is given by D(p) = 20 / sqrt (p -
1)


The slope of the curve is the value of the first
derivative at the required point.


D(p) = 20 / sqrt (p -
1)


=> 20* ( p -
1)^(-1/2)


D'(p) = 20*(-1/2)*(p
-1)^(-3/2)


At the point (5, 10), the slope
is


D'(5) = -20*(1/2)*(5
-1)^(-3/2)


=>
-20*(1/2)*(4)^(-3/2)


=>
-20*(1/2)/8


=>
-20/16


=>
-1.25


The slope of the demand graph at (5,
10) is -1.25
.

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