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True/False

A manufacturing company is modeling the total lifetime productivity of a specific machine. The productivity in each subsequent year is a constant fraction of the previous year's output, forming a geometric series with an infinite number of terms. True or False: For the total cumulative productivity to be convergent (meaning it approaches a fixed, finite limit), the absolute value of the common ratio rr must be less than 1{}1.

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Updated 2026-09-19

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