(See Solution) Demand The yearly demand for a certain hardback science fiction novel is D(p)=499.589(0.958^p) \text thousand books where p is the price per


Question: Demand The yearly demand for a certain hardback science fiction novel is

\[D(p)=499.589\left(0.958^{p}\right) \text { thousand books }\]

where \(p\) is the price per book, in dollars.

  1. Find the price that corresponds to a yearly demand of 150,000 books.
  2. Use the price \(\left(p_{0}\right)\) found in part \(a\) to calculate how much consumers are willing and able 10 spend for 150,000 books each year.

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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