Sorry do know that one !!☹️
Answer:
(a) 2996 units
(b) 1897 units
Step-by-step explanation:
p = 10,000(1 - 3/3 + e^-0.001x)
(a) p = $500
500 = 10,000(1 - 1 + e^-0.001x)
500/10,000 = e^-0.001x
e^-0.001x = 0.05
-0.001x = In 0.05 = -2.996
x = -2.996/-0.001 = 2996 units
(b) p = $1500
1500 = 10,000(1 - 3/3 + e^-0.001x)
1500/10,000 = (1 - 1 + e^-0.001x)
0.15 = e^-0.001x
-0.001x = In 0.15 = -1.897
x = -1.897/-0.001 = 1897 units
The answer is 6. Sorry, I don't know why though.
