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Suppose That When the Price of Pizza Goes from $7

Question 6

Multiple Choice

Suppose that when the price of pizza goes from $7 to $10 per pie,production increases from 2,500 pies per month to 4,000 pies.Using the mid-point method,the percentage change in price would be:


A) 35 percent.
B) 46 percent.
C) 1.31.
D) 0.35.

Correct Answer:

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