Solve the Problem. Round to the Nearest Hundredth

question 180

Multiple Choice

Solve the problem. Round to the nearest hundredth.
-$521.81 is what percent of $59.31?

• A) 11.37%
• B) 1.10%
• C) 879.80%
• D) 8798.00%

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Definitions:

Marginal Returns

The additional output resulting from a one-unit increase in the use of a variable input, keeping all other inputs constant.

Technical Efficiency

The ability of an entity to maximize output for a given set of inputs, using the least possible amount of resources.

Fixed Proportion

A production scenario where inputs are used in rigid, unchanging ratios to produce outputs.

Crew Members

Individuals who work together as part of a team, especially on ships, aircraft, or in film and television productions.