​The Cumulative Sales (In Thousands of Units)of a New Product

question 36

Multiple Choice

​The cumulative sales (in thousands of units) of a new product after it has been on the market for t years may be modeled by During the first year,5000 units were sold.What is the saturation point for this product? How many units will be sold after 5 years? ​

• A) ​The saturation point for the market is 3,000 units and 17,944 units will be sold after 5 years.
• B) ​The saturation point for the market is 30,000 units and 26,049 units will be sold after 5 years.
• C) ​The saturation point for the market is 30,000 units and 17,944 units will be sold after 5 years.
• D) ​The saturation point for the market is 30,000 units and 18,067 units will be sold after 5 years.
• E) ​The saturation point for the market is 3,000 units and 26,049 units will be sold after 5 years.

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Definitions:

Effects

The outcomes or changes that result from a particular cause or action.

Perception

The process by which individuals organize and interpret sensory information from their environment to understand their surroundings and experiences.

Substance

A physical matter or material with uniform properties, or in the context of abuse, drugs or alcohol consumed to alter one's state of consciousness.

Proportion

A part, share, or number considered in comparative relation to a whole.