Step 1: Identify the substrate.
2-Bromo-2-methylpropane is a tertiary alkyl halide.
\[
(CH_3)_3CBr
\]
Step 2: Determine the mechanism.
Tertiary alkyl halides favour \(S_N1\) mechanism due to formation of a stable tertiary carbocation.
Step 3: Rate law for \(S_N1\).
In \(S_N1\) mechanism, rate depends only on the concentration of substrate:
\[
\text{Rate} = k[\text{R-Br}]
\]
Hence, it does not depend on nucleophile concentration.
Step 4: Role of solvent.
Aqueous KOH is a polar protic medium, which stabilizes the carbocation and favours \(S_N1\) reaction.
Step 5: Speed of reaction.
Since carbocation formation is easy in tertiary halides, the reaction is fast.
Step 6: Eliminate incorrect options.
(A) Incorrect: rate does not depend on nucleophile in \(S_N1\).
(C) Incorrect: polar protic solvents favour \(S_N1\).
(D) Incorrect: tertiary halides do not follow \(S_N2\).
Step 7: Final conclusion.
\[
\boxed{\text{The reaction is fast and follows } S_N1 \text{ mechanism}}
\]