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| Topic | Anyone that is good with economics or math, can you help me out? |
| Eviora 02/06/20 6:42:16 AM #8: | Unless "growth rate" has a very specific meaning in this context, this problem is not written in a mathematically coherent way. How are x and y growing? Linearly? Exponentially? Some other way? Depending on the answer, g(z) may not even be a constant. Edit: FWIW I think the growth rate is intended to be exponential. So the growth rate of the numerator is 0.03 and the growth rate of the denominator is 0.04*(1/2) = 0.02. (The 1/2 represents the square root written as an exponent.) Therefore, g(z) = exponent of numerator - exponent of denominator = 0.03 - 0.02 = 0.01. Whoever wrote this question is bad at their job. --- Cunning, cruel, and cuddly. ||| 3DS Friend Code: 2449-5292-9560 IGN: Amy ... Copied to Clipboard! |
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