Posted by **Anonymous** on Wednesday, July 10, 2013 at 8:50pm.

The number of online buyers in Western Europe is expected to grow steadily in the coming years. The function below for 1 t 9, gives the estimated buyers as a percent of the total population, where t is measured in years, with t = 1 corresponding to 2001.

P(t) = 27.6 + 14.1 ln(t)

(a) What was the percent of online buyers in 2001 (t = 1)?

%

How fast was it changing in 2001?

%/yr

(b) What is the percent of online buyers expected to be in 2008 (t = 8)?

%

How fast is it expected to be changing in 2008?

%/yr

## Answer This Question

## Related Questions

- Calculus - A popular search engine is targeting European countries where the ...
- Calculus - A popular search engine is targeting European countries where the ...
- Calculus - A popular search engine is targeting European countries where the ...
- Calculus - A popular search engine is targeting European countries where the ...
- Microeconomics - Indicate how you think each of the following would shift demand...
- math - A: FUNCTION Q1. (a) The function C (x) = 25x + 80,000 express the total ...
- Pre-Calcs - Amount after time t A (t) = yobt Where: yo = starting amount b = ...
- Economics - What is the difference between a buyer's market and a seller's ...
- Math - Based on past studies, a car manufacturer has found that 83% of new car ...
- Calc - The U.S. population is approximated by the function P(t) = 556 1 + 3.72e...

More Related Questions