Solve the Problem $f ( t ) = \frac { 12,000 } { 1 + 199 e ^ { - 1.7 t } }$

question 420

Multiple Choice

Solve the problem.
-The logistic growth functi $f ( t ) = \frac { 12,000 } { 1 + 199 e ^ { - 1.7 t } }$ models the number of people who have become ill with a particular infection t weeks after its initial outbreak in a particular community. How many people were ill after
9 weeks?

• A) 12,000 people
• B) 11,999 people
• C) 12,200 people
• D) 540 people

Apply the methodology to calculate Laspeyres and Paasche price indices using given data.

Evaluate the effects of changes in nominal income versus inflation levels on consumer welfare using different price indices.

Distinguish between the cost of maintaining a certain level of utility across different price levels and time periods.

Illustrate and analyze time allocation decisions within the context of opportunity cost and preferences.