In a discussion of market penetration by new products
June 8th, 2024
In a discussion of market penetration by new products, Hurter and Rubenstein refer to the function F(t)=q-pe-(t+C)(p+q)/ q[1+e(t+C)(p+q)] where p, q, and C are constants. They claim that if F(0)=0 then C= -1/(p+q) ln(q/p) show that their claim is true.