7 Suppose that if x dollars are spent on advertising during a given year, k(1 ecx)...

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7 Suppose that if x dollars are spent on advertising during a given year, k(1  ecx) customers will purchase a product

(c  0).

a As x grows large, the number of customers purchasing the product approaches a limit. Find this limit.

b Can you give an interpretation for k?

c Show that the sales response from a dollar of advertising is proportional to the number of potential customers who are not purchasing the product at present.

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