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Earn +20 ptsQ: How Do You Figure Out 10 percent Of A Quantity?
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How do you figure 10 percent of 16.00?
10% of 16 = 1.6
What is the price elasticity for a good when there is a 10 percent decrease in price which results in a 2 percent increase in quantity demanded?
2/10=0.2 <1 the good is price inelastic
What is the definition and example of percent proportion?
compares part of a quantity to the hole quantity using a percent
When the percent of change is negative?
The quantity is decreasing.
How do you find 2 percent of a quantity?
Multiply the quantity by 0.2Another Answer: 2% is the equivalent of 0.02 and so multiply the quantity by 0.02
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