Question

9. Mathematically, growth rate is
expressed as
(1) L = L + rt (2) L. = L + rt
(3) W, = W. et (4) W = W, et​

Answer 1

Answer:

Growth rate is of two types- Geometric growth rate and Arithmetic growth rate. For the first one,it is expressed as Wt=W0e^rt For the second one it is expressed as Lt=L0+rt.