Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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In one country the average consumer drank four servings of Coca-Cola in 1993. This amount appeared to be increasing exponentially with a doubling time of 2 years. Given a long-range market saturation estimate of 100 servings per year, find a logistic model for the consumption of Coca-Cola in this country where t is the number of years since 1993. (Round your numerical values to three decimal places.)
C(t) = 
 
 
 
Use your model to predict in what year the average consumption reached 50 servings per year. (Round your answer to the nearest year.)
 
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