Round Off the Following Decimal to the Nearest Hundredth

question 28

Short Answer

Round off the following decimal to the nearest hundredth.
2.457 = _____

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Definitions:

Income Distribution

The way in which a nation’s total income is distributed among its population.

Factor Markets

Markets where services of the factors of production (land, labor, capital) are bought and sold.

Maximize Profit

The process or strategy undertaken by businesses to increase their net earnings and achieve the highest possible profit margin.

Workers

Individuals engaged in a physical or mental activity with the aim of producing goods or providing services in exchange for wages.