At a time denoted as
t = 0
a technological innovation is introduced into a community that has a fixed population of n people. Determine a differential equation for the number of people x(t) who have adopted the innovation at time t if it is assumed that the rate at which the innovations spread through the community is jointly proportional to the number of people who have adopted it and the number of people who have not adopted it. (Use
k > 0
for the constant of proportionality and x for
x(t).
Assume that initially one person adopts the innovation.)
Note: The solution of the initial value problem is given by: x(t) = n/(1+exp(-k*n*t)*n-exp(-k*n*t)).
A plot of the solution is given:
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