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For each of the following determine the 1-unit growth factor.

The 1-unit percent change is -56.25%.

Please help explain so I can figure one out and do the rest on my own. Thanks!

Respuesta :

carlosego
What you must do for this case is to solve the given percentage value and convert it into a number that you can use as a factor within an expression.
 We then define the factor k.
 We now look for the value of the factor k in the following way:
 k = (- 56.25%) * (1/100)
 k = -0.5625
 Answer: 
 the 1-unit growth factor is:
 k = -0.5625