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Earn +20 ptsQ: What is a 5.9 percent increase of 20051?
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Continue Learning about Economics
What is the GDP of 45000 per capita with a 2 percent increase?
A 2% increase of 45,000 results in an increase of 900 to 45,900
What is price of increase?
Price of increase is basically when a percent of change describing an increase in a quantity.An example would be: The price of an item increases from 8$ to 12$. The amount of the increase is 4$ and the percent of increase is 4/8=0.5=50%Answer got from Holt McDougal Mathematics course 3.
What is the most likely result when the price of a good with elastic demand is raised by 10 percent?
quanity sold will increase by 10 percent
What tool of monetary policy will the Federal Reserve use to increase the federal funds rate from 1 percent to 1.25 percent?
the discount rate
If the absolute price elasticity of demand for good y is 0.75 when there is a 30 percent increase in price you can conclude that quantity demanded is?
a. fell by 35.0 percent. b. fell by 10.4 percent. c. fell by 22.5 percent.* d. fell by 40.0 percent. *
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