The Demand Function for a Product Is Modeled By $p = 4000 \left( 1 - \frac { 5 } { 5 + e ^ { - 0.0003 x } } \right)$

question 32

Multiple Choice

The demand function for a product is modeled by $p = 4000 \left( 1 - \frac { 5 } { 5 + e ^ { - 0.0003 x } } \right)$ . What is the limit of the price as x increases without bound? Round your answer to two decimal places where applicable.

• A)The limit of the price as x increases without bound is -1.
• B)The limit of the price as x increases without bound is 1.
• C)The limit of the price as x increases without bound is 0.
• D)The limit of the price as x increases without bound is \(4000\) .
• E)The limit of the price as x increases without bound is \(5\) .

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