Multiple Choice
The monthly demand for a certain brand of perfume is given by the demand equation where p denotes the retail unit price (in dollars) and x denotes the quantity (in 1-oz bottles) demanded.Find the rate of change of the price to the nearest hundredth of a cent per bottle when x = 1,000.
A) The rate of change of the price is - 3.62 cents per bottle.
B) The rate of change of the price is 5.24 cents per bottle.
C) The rate of change of the price is - 2.62 cents per bottle.
D) The rate of change of the price is - 2.22 cents per bottle.
Correct Answer:

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Correct Answer:
Verified
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