Find the instantaneous rate of change of demand

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Price-Demand Equation

At YasterMart, people are willing to buy x pounds of chocolate candy per day at $p dollars per quarter pound, as given by the price-demand equation x=a+b/p, where a= 9 and b= 240.

Find the instantaneous rate of change of demand with respect to price when the price is $5.61. Round to the nearest hundredth (2 decimal places)

Reference no: EM133432634

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