A new cell phone is introduced into the market. It is predicted that sales will grow logistically.
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Question:
A new cell phone is introduced into the market. It is predicted that sales will grow logistically. The manufacturer estimates that they can sell a maximum of 100 thousand cell phones.
After 43 thousand cell phones have been sold, sales are increasing by 3 thousand phones per month.
Find the differential equation describing the cell phone sales, where y(t) is the number of cell phones (in thousands) sold after t months.
dy/dt =...........................
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