I have this project in calculus that I’m having trouble with. I’m supposed to find the answer to this question:
Facebook and Twitter provide consistent competition for one another as the top two social media outlets. In daily polls, the companies ask users which of the two social media outlets they prefer. The results of these polls found that 70% of those people surveyed that already prefer Facebook will still prefer Facebook the next day while 30% of those initially listing their preference as Facebook will switch their social media ties to Twitter. On the other hand, people belonging the the Twitter craze decide to keep their loyalties with Twitter at a rate of 80%. The remaining 20% of Twitter users decide to shift to liking Facebook as their favorite social media outlet.
Currently, 60% of the people using social media prefer Facebook while the remaining 40% prefer Twitter. Using the aforementioned data, determine if this model of social media preferences ever stabilizes, that is, determine if there exists an exact percentage of people preferring Facebook versus a percentage of people with a Twitter preference that this model tends to go to as the number of days get larger and larger. Provide supporting evidence for your claim.
I know that it has to do with the function as days approach infinity but I’m not really sure where to start.
