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The number of households in a certain community is given by h(t) = 1:26t2 +7800 households t years after 2001. The proportion (expressed as a decimal) of the households in this same community that have DVD recorders is given by p(t) = 0:663/1+ 3781e1:875t t years after 2001.
(a) What does C(t) = h(t)p(t) represent?
(b) Find and interpret the following:
i. h(3) and h'(3)
ii. p(3) and p'(3)
iii. C(3) and C'(3)
Review trends in the general environment that affect the movie exhibition business, and establish whether their effects are helpful or harmful to theater owners.
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