The logistic equation has been used to model the spread of technology. Let N∗ be the number of ranchers in Uruguay, and N(t) the number who have adopted a new pasture technology. The rate of adoption dN/dt is proportional to the number who have adopted the technology, and the fraction who have not (and thus are susceptible to changing). So the equation is dN dt = αN 1 − N N∗ According to a study by Banks (1993), N∗ = 17, 015, N(0) = 141, α = 0.49 per year. Determine how long it takes for the new technology to be adopted by 80% of the population of ranchers.

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mtosi17 mtosi17 · Answer 1 · 2019-09-27T04:26:26+02:00

Answer:

12.6 years

Step-by-step explanation:

The equation of adoption of the pastures is

[tex]\frac{dN}{dt}= a*N*(1-\frac{N}{N^{*} } )\\[/tex]

Rearranging we have

[tex]\frac{dN}{N*(1-\frac{N}{N^{*}} )}={a*dt}[/tex]

Integrating

[tex]\int\frac{dN}{N*(1-\frac{N}{N^{*}} )}=\int{a*dt}\\-ln(\frac{N^{*} }{N}-1)+C=a*t[/tex]

At t=0, N(0)=141

[tex]-ln(\frac{N^{*} }{N}-1)+C=a*t\\-ln(17015/141-1)+C=0.49*0\\C=ln(17015/141-1)=ln(119.67)=4.785\\[/tex]

The 80% of the population of ranchers represents 0.8*17015=13612 ranchers, so the time needed to reach that ammount of adoption is

[tex]-ln(\frac{N^{*} }{N}-1)+C=a*t\\\\-ln(17015/13612-1)+4.785=0.49*t\\1,386+4.785=0.49*t\\t= 6.171/0.49 = 12.6[/tex]

The time it takes for a 80% adoption is 12.6 years