An advertising agency has found that when it promotes a new product in a certain market of
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An advertising agency has found that when it promotes a new product in a certain market of 350,000, the number of people x who are aware of the product t days after the ad campaigns initiated is given by x = 350,000 (1 - -0.077t). [20 points] (a) Is the given function a growth or a decay function. Explain why? (b) How many people are aware after (i) 1 week, and (ii) 2 weeks respectively
E (c) How long (to the nearest day) before 300,000 are aw aware of the new product?
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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