11. [-I1 Points] DETAILS HARMATHAP129.4.051.MI. The demand for q units of a product depends on the price p (in dollars) according to 512 q=T1,forp>0. VP Find and explain the meaning of the instantaneous rate of change of demand with respect to price when the price is as follows. (a) $16 Interpret the instantaneous rate of change. If price increases by $1, the demand will drop by the absolute value of this number of units. If price increases by $1, the demand will increase by the absolute value of this number of units. If price decreases by $1, the demand will drop by the absolute value of this number of units. If price increases by the absolute value of this amount, the demand will drop by 1 unit. If price decreases by the absolute value of this amount, the demand will drop by 1 unit. (b) $64 Interpret the instantaneous rate of change. If price increases by $1, the demand will drop by the absolute value of this number of units. If price increases by $1, the demand will increase by the absolute value of this number of units. If price decreases by $1, the demand will drop by the absolute value of this number of units. If price increases by the absolute value of this amount, the demand will drop by 1 unit. If price decreases by the absolute value of this amount, the demand will drop by 1 unit