Answer:
The average rate of change of Demand between 40 and 175 units sold is of -0.1045.
Step-by-step explanation:
Average rate of change:
The average rate of a function f(x) in an interval [a,b] is given by:

In this question:

What is the average rate of change of Demand between 40 and 175 units sold?
. So


So

The average rate of change of Demand between 40 and 175 units sold is of -0.1045.
It’s equal to 45/100 which equals 9/20
If you want to increase something by 3%, you would ADD 100% to it, so:
3% + 100% = 103%
Then you divide it by 100 to turn it into a decimal, so:
103% / 100 = 1.03
So to increase by 3%, the multiplier would be 1.03
If you wanted to decrease by 3%, you would SUBTRACT 100% from 3%, so:
100% - 3% = 97%
And then you would divide 97% by 100 to turn it into a decimal (multiplier), so:
97% / 100 = 0.97
So to decrease by 3%, the multiplier would be 0.97