How is the percent increase or decrease of two numbers ...
3 How is the percent increase or decrease of two numbers calculated? Percent change is the difference between the two numbers divided by the original number. 2 4 Suppose the price of apples increases by 10%, what effect will this have on sales? That all depends on the price elasticity of demand for apples 5 What is elasticity? A term economists use to describe responsiveness, or sensitivity ... ................
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