Suppose a new magazine initially sells 600 copies per month. Research indicates that a vigorous advertising campaign could increase sales by 40% each month if our market were unlimited. But research also indicates that magazine sales in our area are unlikely to exceed 2400 per month. Make a logistic model of projected magazine sales.
Suppose a new magazine initially sells 600 copies per month. Research indicates that a vigorous advertising campaign could increase sales by 40% each month if our market were unlimited. But research also indicates that magazine sales in our area are unlikely to exceed 2400 per month. Make a logistic model of projected magazine sales.
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....
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Suppose a new magazine initially sells 600 copies per month. Research indicates that a vigorous advertising campaign could increase sales by 40% each month if our market were unlimited. But research also indicates that magazine sales in our area are unlikely to exceed 2400 per month. Make a logistic model of projected magazine sales.
a) N = 600 / 1+3e^-0.336t
b) N = 2400 / 1+3e^-0.336t
c) N = 40 / 1+3e^-0.336t
d) N = 2400 / 1+40e^-0.336t
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