A Company Introduces a New Product for Which the Number $S ( t ) = 300 \left( 7 - \frac { 10 } { 5 + t } \right)$

question 101

Multiple Choice

A company introduces a new product for which the number of units sold S is $S ( t ) = 300 \left( 7 - \frac { 10 } { 5 + t } \right)$ where $t$ is the time in months since the product was introduced. Find the average value of $S ( t )$ during the first year.

• A) \(\frac { 600 } { 17 }\)
• B) \(\frac { 600 } { 11 }\)
• C) \(\frac { 300 } { 17 }\)
• D) \(\frac { 600 } { 17 }\).
• E) \(\frac { 3000 } { 17 }\).

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Definitions:

Creditor

An individual, organization, or other entity that lends money or extends credit to another party.

Asset

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Invested Cash

Funds that are placed into a business by its owners or shareholders with the expectation of generating profits or income.

Capital

The financial resources or assets owned by an individual or business, often used to generate income or produce goods and services.