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2. Compute the percentage change in the quantity demanded for x if the old price of x is 10 pesos and the new price of x is 15 pesos Hint: a percentage change is [(new value- old value)/old value]*100 % O A. – 5% B. 5% C. -12.5% D. -25% E. None of the above

2. Compute the percentage change in the quantity demanded for x if the old price of x is 10 pesos and the new price of x is 15 pesos Hint: a percentage change is [(new value- old value)/old value]*100 % O A. – 5% B. 5% C. -12.5% D. -25% E. None of the above

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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2. Compute the percentage change in the quantity demanded for x if the old price of x is 10 pesos and the new price of x is 15 pesos Hint: a percentage change is [(new value- old value)/old value]*100 % A. – 5% | B. 5% C. -12.5% D. -25% O E. None of the above
Transcribed Image Text:2. Compute the percentage change in the quantity demanded for x if the old price of x is 10 pesos and the new price of x is 15 pesos Hint: a percentage change is [(new value- old value)/old value]*100 % A. – 5% | B. 5% C. -12.5% D. -25% O E. None of the above
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