In Russia, the average consumer drank two servings of Coca-Cola in 1993. This amount appeared to be increasing exponentially with a doubling time of  2 years. Given a long-range market saturation estimate of 100 servings per year, find a logistic model for the consumption of Coca-Cola in Russia, and use your model to predict when, to the nearest year, the average consumption reached 50 servings per year.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section10.5: Solve Exponential And Logarithmic Equations
Problem 10.88TI: Researchers recorded that a certain bacteria population declined from 700,000 to 400,000 in 5 hours...
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In Russia, the average consumer drank two servings of Coca-Cola in 1993. This amount appeared to be increasing exponentially with a doubling time of  2 years. Given a long-range market saturation estimate of 100 servings per year, find a logistic model for the consumption of Coca-Cola in Russia, and use your model to predict when, to the nearest year, the average consumption reached 50 servings per year.

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