This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the price of milk was 1.25 a gallon and it is now 2.25 a gallon, what is the percentage change in ... (Read 127 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
If the price of milk was 1.25 a gallon and it is now 2.25 a gallon, what is the percentage change in price?
 
  A) 4.4 percent B) 8 percent C) 44 percent D) 80 percent

Question 2

Refer to Table 4-13. The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion. The equilibrium price and quantity for Aunt Maud's lotion are 20 and 30 thousand units. What is the value of consumer surplus?
 
  A) 300 thousand B) 450 thousand C) 900 thousand D) 1,500 thousand


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olderstudent

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


pragya sharda

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Excellent

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Rule of Nines. A method for determining percentage of body burned. Each different colored section re Rule of Nines. A method for determining percentage of body burned. Each different colored section re
Sleep Requirements Change with Age Sleep Requirements Change with Age
Donald Trump and Climate Change Donald Trump and Climate Change
Cumulative change for six personality-trait domains across the life course show distinct patterns. Cumulative change for six personality-trait domains across the life course show distinct patterns.
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Milk, nuts, seeds, fish Milk, nuts, seeds, fish
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library