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Twenty years ago (2000), an assembly line could produce 12,000 units per hour. Currently, the same assembly line, after major equipment and technology upgrades, is
Twenty years ago (2000), an assembly line could produce 12,000 units per hour. Currently, the same assembly line, after major equipment and technology upgrades, is producing 76,000 units per hour. Based on these figures, calculate the output growth rate over this time period (hint...grandmas' house) 09.3% 9.7% 10.3% 10.7%
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