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Suppose the Demand for Digital Video Recorders (DVRs)is Given by Q

Question 114

Multiple Choice

Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc,where Q is the quantity of DVRs demanded (in 1000s) ,p is the price of a DVR,and pc is the price of cable television.How much does Q change if the price of cable changes slightly (i.e.the partial derivative of demand with respect to pc


A) 125
B) 4.25
C) 4
D) .25

Correct Answer:

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