Chapter 3: Problem 29
A useful new product is introduced into an isolated fixed population of \(1,000,000\) people, and 100 of these people adopt this product initially, that is, at time \(t=0\). Suppose the rate at which the product is adopted is proportional to the number of the people who have adopted it already multiplied by the number of them who have not yet done so. If we let \(x\) denote the number of people who have adopted the product at time \(t\), measured in weeks, then we have the initial-value problem $$ \begin{aligned} \frac{d x}{d t} &=k x(1,000,000-x) \\ x(0) &=100 \end{aligned} $$ where \(k\) is the constant of proportionality. (a) Solve this initial-value problem. (b) How many people have adopted the product after two weeks? (c) When will one half of the given population have adopted it?
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.