Which type of logistic function indicates that the quantity is increasing?

Prepare for the Western Governors University (WGU) MATH1200 C957 Applied Algebra Exam. Enhance your skills with our multiple choice questions and extensive explanations. Get ready to succeed!

The increasing logistic function is characterized by a growth pattern that reflects an increase in quantity over time. Logistic functions are typically used to model situations where growth is initially exponential but slows down as it approaches a maximum limit, often referred to as the carrying capacity.

In the context of the increasing logistic function, the curve begins with a slow growth rate, accelerates during the midpoint, and then decelerates as it nears the maximum value. This shape shows that initially, the quantity rises gradually, then experiences rapid growth, followed by a gradual stabilization as it approaches its limit.

This model is particularly applicable in various fields, such as biology for populations and economics for market growth, where a resource might grow rapidly until it reaches a certain saturation point.

Other functions, such as decreasing, linear, and constant logistic functions, do not depict a quantity that increases. A decreasing logistic function would show a decline in quantity over time, while a linear logistic function suggests a steady increase or decrease without any acceleration. A constant logistic function indicates no change in quantity at all. Thus, an increasing logistic function is best defined by its ability to illustrate growth effectively.

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