Multiple Choice
Refer to the accompanying table to answer the following questions.
-The price of erasers increases from $0.50 to $1.00 per eraser.By what percentage does the quantity demanded of pencils change? (Use the midpoint method. )
A) 8.70 percent
B) 22.22 percent
C) -22.22 percent
D) -8.70 percent
E) 6.67 percent
Correct Answer:

Verified
Correct Answer:
Verified
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