The sales S (in thousands of units) of a new product after it has been on the market for t years is given by S = Cek/t . (a) Find S as a function of t when 5000 units have been sold after 1 year and the saturation point for the market is 30,000 units (that is, tlim∞ S = 30). (b) How many units will have been sold after 5 years?
The sales S (in thousands of units) of a new product after it has been on the market for t years is given by S = Cek/t . (a) Find S as a function of t when 5000 units have been sold after 1 year and the saturation point for the market is 30,000 units (that is, tlim∞ S = 30). (b) How many units will have been sold after 5 years?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 9T
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The sales S (in thousands of units) of a new product after it has been on the market for t years is given by S = Cek/t . (a) Find S as a function of t when 5000 units have been sold after 1 year and the saturation point for the market is 30,000 units (that is, tlim∞ S = 30). (b) How many units will have been sold after 5 years?
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