The monthly demand for a certain brand of table wine is given by the demand equation
where p denotes the wholesale price per case (in dollars) and x denotes the number of cases demanded. Find the rate of change of the price to the nearest hundredth of a cent per case when x = 1,000.
A) The rate of change of the price is - 1.80 cents per case.
B) The rate of change of the price is - 2.10 cents per case.
C) The rate of change of the price is - 4.08 cents per case.
D) The rate of change of the price is - 2.04 cents per case.
Correct Answer:
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