<u>Answer-</u>
<em>The total amount you would have earned over the first 16 years is </em><em>$90047.20</em>
<u>Solution-</u>
The exponential function that would given the growth is,
Where,
P' = Future value,
P = Current value = $50000
r = rate of change = 4% = 0.04
t = time = 15 year (not 16 because the the increment occurs at year end and we want to get the value at the beginning of 16th year)
Putting the values,
Therefore, the total amount you would have earned over the first 16 years is $90047.20
7/8 × 2 = 14/8
14 / 8 = 1.75
17.5 is the Answer
Answer:
the answer is c,Yes, because the ratios for each input and output are equivalent.
Step-by-step explanation:
Business leaders in the late nineteenth century utilized vertical integration by maintaining control of production and distribution of their products.
Answer: Option C
<u>Explanation:
</u>
Vertical integration is a competitive strategy that gives the company full control over one or more stages of product production or distribution. Rockefeller tirelessly tried to take full control of business 'oil refinery'. While other business people were flooding the area in search of quick fortune, Rockefeller was thinking of destroying his rivals and creating a real monopoly in the refining industry.
Looking for even more control, Rockefeller saw the benefits of organizing the transportation to his products. Then, he began to develop his business through vertical integration, in which the company analyses all aspects of the product life cycle, from raw material extraction, through the production process, to the final delivery of the product.
Other industrialists quickly followed, including Gustavus Swift, who at the end of the 19th century used vertical integration to dominate the American meat packaging industry.
