Connecting U dropped its price from $20 to $16 per gigabyte of data. Joe, according to the midpoint formula, Connecting U reduced its price by what percentage? Curious Cally Connecting U dropped the price for a gigabyte of data by 18.52 percent. Connecting U dropped the price for a gigabyte of data by 20 percent. Connecting U dropped the price for a gigabyte of data by 22.2 percent.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Midpoint Formula for Percentage Change in Quantity:
Joe, we need to crunch some numbers.
Recall the midpoint formula...
((New Quantity – Old Quantity) / ((New Quantity + Old Quantity) /2)) z.
Midpoint Formula for Percentage Change in Price:
((New Price- Old Price)/((New Price+ Old Price) /2)) x100
Curious
Cally
Connecting U dropped its price from
$20 to $16 per gigabyte of data. Joe,
according to the midpoint formula,
Connecting U reduced its price by what
percentage?
Curious
Cally
Connecting U dropped the price for a gigabyte of data by
18.52 рercent.
Connecting U dropped the price for a gigabyte of data by 20
percent.
Connecting U dropped the price for a gigabyte of data by
22.2 percent.
Submit
MacBook Air
F9
F8
F7
F6
Transcribed Image Text:Midpoint Formula for Percentage Change in Quantity: Joe, we need to crunch some numbers. Recall the midpoint formula... ((New Quantity – Old Quantity) / ((New Quantity + Old Quantity) /2)) z. Midpoint Formula for Percentage Change in Price: ((New Price- Old Price)/((New Price+ Old Price) /2)) x100 Curious Cally Connecting U dropped its price from $20 to $16 per gigabyte of data. Joe, according to the midpoint formula, Connecting U reduced its price by what percentage? Curious Cally Connecting U dropped the price for a gigabyte of data by 18.52 рercent. Connecting U dropped the price for a gigabyte of data by 20 percent. Connecting U dropped the price for a gigabyte of data by 22.2 percent. Submit MacBook Air F9 F8 F7 F6
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