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A model for consumers' response to advertising is given by the equation N(a)=2000+500 ln (a) Where N(a) is the number of units sold, a is the amount spent on advertising, in thousands of dollars, & a≥1.
How many units are sold when $1000 is spent on advertising?
Answers: 3
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A model for consumers' response to advertising is given by the equation N(a)=2000+500 ln (a) Where N...
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