Rate of Change in the Price

[RSADancinQueen]

The monthly demand for a certain brand of perfume is given by the demand equation

p=100e^(-0.0002x) + 130

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 = 1000.
What is the price per bottle when x = 1000.

 

[Deleted member 4993]

The monthly demand for a certain brand of perfume is given by the demand equation

p=100e^(-0.0002x) + 130

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 = 1000.
What is the price per bottle when x = 1000.

DancingQueen,

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