1)The rate of the number of employees per year increases for all values of x.
2)The third year is the first year in which the company will have more than 100 employees.
3)The company started with 25 employees.
The given function is:
[tex]f(x) = \frac{500}{1+19e^{-0.6x} }[/tex]
[tex]f'(x) = \frac{5700e^{-0.6x} }{(1+19e^{-0.6x})^2 }[/tex]
What does f'(x) always positive indicates?
It indicates that function is monotonic or strictly increasing.
f'(x) is always positive so the rate of the number of employees per year increases for all values of x.
f(2) =74.37
f(3) = 120.75
So, the third year is the first year in which the company will have more than 100 employees.
f(0) = 25
So, The company started with 25 employees.
Therefore, the following conclusions have been drawn:
1)The rate of the number of employees per year increases for all values of x.
2)The third year is the first year in which the company will have more than 100 employees.
3)The company started with 25 employees.
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