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The price P for the demand D is given as...

The price P for the demand D is given as `P = 183 + 120D − 3D^(2)` then the value of D for which price is increasing, is:

A

`D lt 60`

B

`D gt 60`

C

`D lt 20`

D

`D gt 20`

Text Solution

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The correct Answer is:
To find the value of demand \( D \) for which the price \( P \) is increasing, we start with the given equation: \[ P = 183 + 120D - 3D^2 \] ### Step 1: Differentiate P with respect to D To determine when the price is increasing, we need to find the derivative of \( P \) with respect to \( D \) and set it greater than zero: \[ \frac{dP}{dD} = \frac{d}{dD}(183 + 120D - 3D^2) \] ### Step 2: Calculate the derivative Differentiating each term: - The derivative of a constant (183) is 0. - The derivative of \( 120D \) is \( 120 \). - The derivative of \( -3D^2 \) is \( -6D \). So we have: \[ \frac{dP}{dD} = 0 + 120 - 6D = 120 - 6D \] ### Step 3: Set the derivative greater than zero To find the values of \( D \) for which the price is increasing, we set the derivative greater than zero: \[ 120 - 6D > 0 \] ### Step 4: Solve the inequality Rearranging the inequality: \[ 120 > 6D \] Dividing both sides by 6: \[ 20 > D \] This can be rewritten as: \[ D < 20 \] ### Conclusion The value of \( D \) for which the price is increasing is: \[ D < 20 \]
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