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Advertising. A company is using radio advertising to introduce a new product to a community of 100,000 people. Suppose the rate at which people learn about the new product is proportional to the number who have not yet heard of it.
(A) If no one is aware of the product at the start of the advertising campaign and after 7 days 20,000 people are aware of the product, how long will it take for 50,000 people to become aware of the product?
(B) Suppose the company is dissatisfied with the result in part (A) and wants to decrease to 14 days the amount of time it takes for 50,000 people to become aware of their product. For this to happen, how many people must become aware of the product during the first 7 days?
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Chapter 9 Solutions
EBK CALCULUS FOR BUSINESS, ECONOMICS, L
- Use the product rule to find the derivative of the following. p(y) (y¹ + y²) (6y¯³-10y¯4)arrow_forwardWhat is the area of this figure? 22 mm 5 mm 3 mm 3 mm 7 mm 4 mm Write your answer using decimals. Use 3.14 for л. Submit square millimetersarrow_forwardSuppose you know that Bob's test score is above the mean, but he doesn't remember by how much. At least how many students must score lower than Bob?arrow_forward
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