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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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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