Answer:
Arithmetic = 3%
Geometric = 2.37%
Explanation:
The arithmetic average of 'n' returns is given by:
For five returns of 5% ,21%, -12%, 7%, and -6%:
The geometric average of 'n' returns is given by:
![G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1](https://tex.z-dn.net/?f=G%3D%5Csqrt%5Bn%5D%7B%281%2Br_1%29%2A%281%2Br_2%29%2A...%2A%281%2Br_n%29%7D-1)
For five returns of 5% ,21%, -12%, 7%, and -6%:
![G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%](https://tex.z-dn.net/?f=G%3D%5Csqrt%5B5%5D%7B%281%2B0.05%29%2A%281%2B0.21%29%2A%281-0.12%29%2A%281%2B0.07%29%2A%281-0.06%29%7D-1%5C%5CG%3D0.0237%3D2.37%5C%25)
Answer:
support
Explanation:
The operation of any organization includes 2 part: main activities and support activities.
Whilst main activities are to deliver the purpose of business (profit or any social purposes), but these main activities can't smoothly run without support activities from human resources, infrastructure layout, technology....
<u>Answer:</u> A) Produce goods and pay labour.
<em>In order for the economy to be strong, businesses must produce goods and pay workers</em>
<u>Explanation:</u>
<em>Organizations charge more for their merchandise to pay higher wages, and the higher wages</em> likewise increment the cost of products in the more extensive market.
The <em>rate increment of the wages and costs and their general impact available are key variables driving expansion in the economy.</em>
