A company finds that the rate at which the quantity of a product that consumers demand changes with respect to price is given by the marginal-demand function
where
Step 1 :Given the marginal-demand function
Step 2 :To find the demand function, we need to integrate the derivative function.
Step 3 :The integral of
Step 4 :We also know that 1004 units of the product are demanded when the price is $2 per unit. This gives us the equation
Step 5 :Solving this equation, we find that the constant of integration,
Step 6 :Therefore, the demand function is
Step 7 :