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Translate the Percent Sentence to a Percent Proportion 6113=x100\frac { 61 } { 13 } = \frac { x } { 100 }

question 54

Multiple Choice

Translate the percent sentence to a percent proportion. 
What percent of 61 is 13?


Definitions:

Consumer Surplus

The variance between the total price consumers are willing to pay for a good or service and the actual price they pay.

Benefit

An advantage, gain, or positive outcome derived from a specific action, policy, or product.

Buyers

Entities or individuals who purchase goods or services for personal use, consumption, or investment.

Producer Surplus

The difference between the amount sellers are willing to accept for a good or service and the actual amount they receive in the market.

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