What is the market share after the first month

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Question: Market share suppose that the market share y (as a percent) that a company expects t months after a new product is introduced is given by y = 40 - 40e^-0.05t.

(a) What is the market share after the first month (to the nearest percent)?

(b) How long (to the nearest month) before the market share is 25%?

Reference no: EM131781657

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