Approximate the Number Using a Calculator $$\mathrm { e } ^ { - 0.5 }$$

question 24

Multiple Choice

Approximate the number using a calculator. Round the answer to three decimal places.
- $$\mathrm { e } ^ { - 0.5 }$$

• A) -0.607
• B) 0.607
• C) -1.359
• D) 0.907

---

Definitions:

Demand Elasticity

The measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating its sensitivity to price changes.

Planning Horizon

The time period over which a plan, projection, or decision is expected to unfold or have an impact.

Natural Gas

A fossil fuel composed mainly of methane, used as an energy source for heating, cooking, and electricity generation.

Wage Rate

The wage rate is the standardized amount of money paid for a specific unit of time worked, such as hourly or weekly rates, often determined by market forces or agreements.