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# For a fixed value of M (say M 10), the family of logistic functions given by Equation 7

ISBN: 9781305270336 484

## Solution for problem 14 Chapter 9.4

Single Variable Calculus: Early Transcendentals | 8th Edition

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Problem 14

For a fixed value of M (say M 10), the family of logistic functions given by Equation 7 depends on the initial value P0 and the proportionality constant k. Graph several members of this family. How does the graph change when P0 varies? How does it change when k varies?

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Exam 2 Review 1. Jen values her time at $60 an hour. She spends 2 hours giving Colleen a massage. Colleen was willing to pay as much at$ 300 for the massage, but they negotiate a price of $200 . In this transaction, a) consumer surplus is$ 20 larger than producer surplus. b) consumer surplus is $40 larger than producer surplus. c) producer surplus is$ 20 larger than consumer surplus. d) producer surplus is $40 larger than consumer surplus. 2. The demand curve for cookies is downward sloping. When the price of cookies is$ 2 , the quantity demanded is 100 . If the price rises to $3 , what happens to consumer surplus a) It falls by less than$ 100 . b) It falls by more t

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