Question
A manufacturer estimates that she can sell a maximum of 195 thousand cell phones in a city. By advertising heavily, her total sales grow at
A manufacturer estimates that she can sell a maximum of 195 thousand cell phones in a city. By advertising heavily, her total sales grow at a rate proportional to the distance below this upper limit.
If she enters a new market, and after 5 months her total sales are 34 thousand phones, find a formula for the total sales (in thousands)tmonths after entering the market, and use this to estimate the total sales at the end of the first year.
Total sales at end of the first year:________________________thousand phones
Give your answer to at least 1 decimal place.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started