A company is trying to introduce a new product to as many people as possible through television
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A company is trying to introduce a new product to as many people as possible through television advertising in a large metropolitan area with 2 million possible viewers. A model for the number of people N (in millions) who are aware of the product after t days of advertising was found to be
N = 2(1 - e-0.037t)
Graph this function for 0 ≤ t ≤ 50. What value does N approach as t increases without bound?
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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