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Find the rate of change of the price per bottle

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Reference no: EM131560636

Question: PRICE OF PERFUME The monthly demand for a certain brand of perfume is given by the demand equation

p = 100e-0.0002x + 150

where p denotes the retail unit price (in dollars) and x denotes the quantity (in 1-oz bottles) demanded.

a. Find the rate of change of the price per bottle when x = 1000 and when x = 2000.

b. What is the price per bottle when x = 1000? When x = 2000?

Reference no: EM131560636

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