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Suppose When the Price of Pizza Goes from $8 to $12

Question 37

Multiple Choice

Suppose when the price of pizza goes from $8 to $12 per pie, production increases from 2,500 pies to 4,000 pies per month. Using the mid-point method, what is the percentage change in price?


A) 40 percent
B) 46 percent
C) 50 percent
D) 33 percent

Correct Answer:

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