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Growth in both revenues and profits over a length of time is called ________ growth.

a) sustained
b) normal
c) limited
d) expected
e) abnormal

1 Answer

1 vote

Final answer:

The correct term for growth in both revenues and profits over time is sustained growth. This indicates a continued successful increase in a company's business metrics and is characteristic of effective strategies and market adaptation. In other contexts, sustained, usually exponential, population growth assumes unlimited resources, and the normal distribution is indicated in scenarios describing diminishing frequency with increased task difficulty. Option a.

Step-by-step explanation:

The term for growth in both revenues and profits over a length of time is sustained growth. Sustained growth signifies a continual increase in key metrics over a period, indicating the company's increasing success and stability in the market. This type of growth reflects effective business strategies and the ability to adapt to market changes.

In the context of population, when resources are unlimited and the population exhibits rapid and sustained population growth, this type of growth is often referred to as exponential growth. However, in real-world scenarios, this kind of growth is hard to maintain indefinitely due to factors such as resource limitations and competition.

Regarding distributions that describe various phenomena, the scenario where many people can run a short distance, but fewer can run longer distances, suggests a normal distribution. This is because the frequency of achieving a task (such as running a particular distance) decreases as the difficulty of the task increases, which is characteristic of a normal distribution curve.

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