Provide an appropriate response.
-What are the conditions in which the approximate doubling time formula works well?
A)small growth rates and breaks down for growth rates over 15%
B)large growth rates and breaks down for growth rates below 30%
C)large growth rates and breaks down for growth rates below 15%
D)small growth rates and breaks down for growth rates over 30%

Question

Quizplus · Accepted Answer

The approximate doubling time formula, often referred to as the Rule of 70, works well for small growth rates and tends to break down or become less accurate for growth rates over 15%.

Provide an Appropriate Response