"The rule of 70" refers to a significant relationship between the percentage growth rate and its doubling time:Simply divide the number 70 by the percentage growth rate to estimate the doubling time for a constant growing quantity.
How is the time it takes for a nation's population to double?
To sort out what amount of time it would require for a populace to twofold at a solitary pace of development, we can utilize a straightforward recipe known as the Standard of 70.Simply divide 70 by the annual growth rate to determine the doubling time in years.
The number of years required for a nation's economy to double in size is equal to 70 divided by the percent growth rate. For instance, if an economy expands by 1% annually, it will take 70 / 1 = 70 years for the economy to double in size.
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Answer:
A
Explanation:
Network externality describes the effect a good or service has on a consumer when other consumers are also making use of the product
Positive network externality occurs when the marginal benefit of making use of a good increases as more users make use of the good
An example of Positive network externality is a social media platform. As there are more users on the site, you have more people to interact with.
For Annabey Inc., their growth increased when their their consumer based increased. As more people tried their product and liked it, they recommended the product to more people. this would increase their sales
Answer:
Contribution Margin is 51.875%
Explanation:
Contribution Margin = Contribution/Selling Price × 100
<u>Contribution</u>
Contribution = Selling Price/ unit - Variable Costs/ Unit
Selling Price $80.00
<em>Less Variable Costs</em>
Raw Materials ($25.00)
Direct Labour (45mins/60mins×$18) ($13.50)
Contribution ($41.50)
<u>Contribution Margin</u>
$41.50/$80.00×100=51.875%
Answer:
10 tabletops
Explanation:
Given that her basic weekly income is $300
Hence for her to meet are target of $1000 she has to work for the extra $700 since $300 is guaranteed
If one completed table top earn her $75
Hence she must complete 10 table tops to earn $750
Total earning = 750+300= $1050