The rate of change of the market share (as a percent) a firm expects for a new

Question:

The rate of change of the market share (as a percent) a firm expects for a new product is dy/dt = 2.4e-0.04t where t is the number of months after the product is introduced.
(a) Write the equation that gives the expected market share y at any time t.
(b) What market share does the firm expect after 1 year?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: