Solve the problem. Over a period of 1 year, the price P of a certain commodity follows the model  where P is in dollars per pound and t is in months. Assume that  and  (a) What is the price of the commodity in the 7th month? (b) What is the rate of change in the price of the commodity in the 7th month?

A. (a) About $5032.00;
(b) About $1.28/month
B. (a) About $56.89;
(b) About $11.31/month
C. (a) About $9.08;
(b) About $11.31/month
D. (a) About $8.96;
(b) About $1.28/month


Answer: B

Mathematics

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