1.

If due to extra set up time required, the production in 2001 drops by 12.5% over that in 2000, what should be the growth rate of production in 2002 to maintain the compounded annual growth rate (CAGR) of 20% (Approx)?

A. 6%
B. 8%
C. 2%
D. 5%
Answer» E.


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