QD=a−bP, P=2, d(a−2b)/(a−2b)=?
Question
QD=a−bP, P=2, d(a−2b)/(a−2b)=?
Solution
Given the equation QD = a - bP, and P = 2, we can substitute P into the equation to get:
QD = a - 2b
The derivative of a function measures the sensitivity to change of the function value (output value) with respect to a change in its argument (input value).
The derivative of a constant is zero, and the derivative of a variable with respect to itself is 1.
So, the derivative of (a - 2b) with respect to (a - 2b) is 1.
Therefore, d(a - 2b) / d(a - 2b) = 1.
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