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Growth Rate: Trojan Traps Manufactures an Innovative Mouse Trap

question 15

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Growth rate: Trojan Traps manufactures an innovative mouse trap. Sales this year are $325,000. The company expects its sales to go up to $500,000 in five years. What is the expected growth rate in sales for this company? (Round to the nearest percent.)

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Definitions:

Unpalatability

The quality or state of being unappetizing to eat or difficult to digest, often a defense mechanism in plants and animals against predators.

Potential Predators

Organisms that could potentially hunt and consume other organisms as their source of food.

Species Richness

A measure of the number of different species present in a specific ecological community or habitat.

Community Stability

The ability of an ecosystem to maintain its structure and function over time, despite the presence of stressors or disturbances.

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