___________ is the current strategy for many manufacturers where a company produces a large quantity of items but customizes the
1 answer:
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Answer:
C) 9.00; 8.92
Explanation:
The arithmetic rate of return is given by:
The geometric rate of return is given by:
Therefore, the arithmetic rate of return is 9.00 percent and the geometric rate of return is 8.92 percent
The answer is C) 9.00; 8.92.