-The table above gives information about the economy of France.The growth rate of real GDP per person in 1998 is ________ percent.
Definitions:
Target Profit
The specific net income a business intends to reach within a designated timeframe.
Price Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good.
Target Costing
A pricing method that involves determining a product's selling price and then subtracting desired profit to arrive at a target production cost.
Target Costing
A pricing strategy where the selling price of a product is determined first, and then the manufacturing cost is managed to meet that target price.
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