Solve the problem.The logistic growth model 
represents the proportion of the total market of a new product as it penetrates the market t years after introduction. When will the product have 50% of the market?
A. 1.53 years
B. 2.41 years
C. 3.41 years
D. 2.53 years
Answer: B
You might also like to view...
Determine whether the statement is true or false.Every natural number of the form 4k + 4 is prime.
A. True B. False
Solve the problem. Round to the nearest cent.A certain state has a gasoline excise tax rate of 25.3%. How much excise tax is paid on a gasoline purchase of $44.49 if the purchase is before excise tax is added?
A. $16.26 B. $8.26 C. $11.26 D. $0.57
Solve the problem.If a rock falls from a height of 80 meters on Earth, the height H (in meters) after x seconds is approximately 
What is the height of the rock when x = 1.4 seconds? Round to the nearest hundredth, if necessary.
A. 73.14 m B. 89.6 m C. 70.59 m D. 70.4 m
Describe the situation with a linear inequality and then solve the inequality.David has $13,000 to invest. He invests $8000 in a mutual fund that pays 12% annual simple interest. If he wants to make at least $2200 in yearly interest, at what minimum rate does the remainder of the money need to be invested?
A. 22.8% B. 24.8% C. 26.8% D. 23.8%