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Managerial Economics 12th Edition by Mark Hirschey
Edition 12ISBN: 978-1439042144Managerial Economics 12th Edition by Mark Hirschey
Edition 12ISBN: 978-1439042144 Exercise 1
Constant Growth Model. The U.S. Bureau of the Census publishes employment statistics and demand forecasts for various occupations.
A. Using a spreadsheet or handheld calculator, calculate the 10-year growth rate forecast using the constant growth model with annual compounding, and the constant growth model with continuous compounding for each occupation.
B. Compare your answers and discuss any differences.
A. Using a spreadsheet or handheld calculator, calculate the 10-year growth rate forecast using the constant growth model with annual compounding, and the constant growth model with continuous compounding for each occupation.
B. Compare your answers and discuss any differences.
Explanation
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a) The constant growth model with annual...
Managerial Economics 12th Edition by Mark Hirschey
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