We must solve the following for x. 4 700 = 5,000 1 - 4 + e -0.002x To do so, use the same methods outlined in part (a). Doing so gives the following result. X = (-0.002) Use the result above to state the number of units sold when price per unit is $700, rounding your answer to the nearest whole number. units

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question
We must solve the following for \( x \).

\[ 700 = 5{,}000 \left( 1 - \frac{4}{4 + e^{-0.002x}} \right) \]

To do so, use the same methods outlined in part (a). Doing so gives the following result.

\[ x = \frac{\ln(\text{[blank]} \times)}{-0.002} \]

Use the result above to state the number of units sold when the price per unit is \( \$700 \), rounding your answer to the nearest whole number.

[Blank text box] units

Buttons at the bottom of the page:
- Submit
- Skip (you cannot come back)
Transcribed Image Text:We must solve the following for \( x \). \[ 700 = 5{,}000 \left( 1 - \frac{4}{4 + e^{-0.002x}} \right) \] To do so, use the same methods outlined in part (a). Doing so gives the following result. \[ x = \frac{\ln(\text{[blank]} \times)}{-0.002} \] Use the result above to state the number of units sold when the price per unit is \( \$700 \), rounding your answer to the nearest whole number. [Blank text box] units Buttons at the bottom of the page: - Submit - Skip (you cannot come back)
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning