MATH 11009: EXPONENTIAL & LOGARITHMIC
6
EQUATIONS SECTION 5.3
q
Example 10. The demand function for a dining room table is given by p = 4000(3
) dollars
per table, where p is the price and q is the quantity, in thousands of tables, demanded at that
price. What quantity will be demanded if the price per table is $256.60?
Example 11. The population in a certain city was 53,000 in 2000, and its future size is
0.015t
predicted to be P = 53, 000e
people, where t is the number of years after 2000. Determine
when the population will reach 60,000.