Question: If p is price in dollars and q is quantity, demand for a product is given by q = 5000e 0.08p . (a) What quantity

If p is price in dollars and q is quantity, demand for a product is given by

q = 5000e^−0.08p.

(a) What quantity is sold at a price of $10?
(b) Find the derivative of demand with respect to price when the price is $10 and interpret your answer in terms of demand.

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