A manufacturer estimates that she can sell a maximum of 75 thousand cell phones in a...
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A manufacturer estimates that she can sell a maximum of 75 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 2 months her total sales are 18 thousand phones, find a formula for the total sales (in thousands) t months 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: Give your answer to at least 1 decimal place thousand phones A manufacturer estimates that she can sell a maximum of 75 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 2 months her total sales are 18 thousand phones, find a formula for the total sales (in thousands) t months 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: Give your answer to at least 1 decimal place thousand phones
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Related Book For
Essentials of Marketing
ISBN: 978-0078028885
13th edition
Authors: William D. Perreault, Joseph P. Cannon
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