Page 226 - How To Solve Word Problems In Calculus
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original equation.

                                                       px + 6x + 7p = 5950

                                                  100p + 600 + 7p = 5950
                                                              107p = 5350

                                                                  p = 50

                                Now we can solve for dp/dt:

                                                    dp             dp
                                      50(−2) + 100     + 6(−2) + 7     = 0
                                                    dt              dt
                                                             dp
                                                         107    − 112 = 0
                                                             dt
                                                                   dp    112
                                                                       =      ≈ 1.0467
                                                                    dt   107

                                The price is increasing by approximately $1.05 per bushel per
                                day.

                                EXAMPLE 10
                                The demand x for milk (quarts), selling for p dollars per
                                quart at a supermarket is determined by the equation
                                px + 1200p − 6000 = 0. If the price is increasing at the rate
                                of 3 cents per week, at what rate is demand changing when
                                the price is $1.25 per quart?

                                    Solution
                                    Step 1
                                               x = demand for milk (quarts)
                                               p = price per quart (in dollars)


                                    Step 2
                                            dp                  dx
                                    Given:     = 0.03     Find:     when p = 1.25
                                            dt                   dt
                                    Step 3
                                                   px + 1200p − 6000 = 0

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