Neco Model Questions Vol1 2021 Economics Question 34
Practice objective / multiple choice question 34 from the 2021 Neco Model Questions Vol1 Economics examination.
A country's population follows the logistic growth model \(P(t) = \frac{K}{1 + a e^{-bt}}\), where \(K = 50\) million, \(t\) is the number of years after 2020. At \(t = 0\) (the year 2020) the population was 20 million, and at \(t = 5\) (2025) it was 30 million. Determine the year in which the population will reach 45 million. Give the nearest whole year.
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About This Question
This is Neco Model Questions Vol1 2021 Economics Question 34. It is one of the objective questions from the 2021 Neco Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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