In Russia the Average Consumer Drank Two Servings of Coca-Cola

question 42

Multiple Choice

In Russia the average consumer drank two 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 Russia and use your model to predict when, to the nearest year, the average consumption will be 41 servings per year.

• A)Sometime in 1993.
• B)Sometime in 2003.0.
• C)Sometime in 2004.
• D)Sometime in 2005.
• E)Sometime in 2003.

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Definitions:

Healthcare Expenditures

The total amount of money spent on health services, medications, and other health-related items by individuals, health insurance companies, and governments.

Third Party

An independent entity involved in a transaction that is not the principal buyer or seller, often providing services or mediation.

Healthcare Expenditures

The total amount spent on health services, medications, and public health activities, typically measured over a specific period.

Insurance Company

A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments.