Provide an Appropriate Response $22 ^ { 4 }$ Years
C) $2 ^ { 22 }$

question 78

Multiple Choice

Provide an appropriate response.
-The doubling time of a city's population is 22 years. How long does it take for the population to quadruple.

• A) 4 years
• B) \(22 ^ { 4 }\) years
• C) \(2 ^ { 22 }\) years
• D) 44 years

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Definitions:

Breakeven

The point at which total costs equal total revenue, resulting in neither profit nor loss.

Fixed Costs

Costs that do not change with the level of goods or services produced by a business, such as rent, salaries, and loan payments.

Operating Risk

The possibility of experiencing financial losses due to factors affecting the day-to-day operations of a company.

EPS

Earnings Per Share; a key financial metric that calculates the portion of a company's profit allocated to each outstanding share of common stock, indicating the company's profitability.