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From the demand schedule above, what is the percentage change in price?

Price

(N)

Quantity demanded

(kg)
12 200
8 240

 

From the demand schedule above, what is the percentage change in price?

  • A.
    33.33%
  • B.
    40.00%
  • C.
    50.00%
  • D.
    66.67%
Correct Answer: Option A
Explanation

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