Suppose That When the Price of Pizza Goes from $7

question 6

Multiple Choice

Suppose that when the price of pizza goes from $7 to $10 per pie,production increases from 2,500 pies per month to 4,000 pies.Using the mid-point method,the percentage change in price would be:

• A)35 percent.
• B)46 percent.
• C)1.31.
• D)0.35.

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Definitions:

Interest

The feeling of wanting to learn more about something or to be involved in something; also refers to a charge for borrowing money.

Self-Conscious Emotions

Emotions that require self-awareness, especially consciousness and a sense of “me”; examples include jealousy, empathy, and embarrassment.

Cognitive Reversals

The ability to switch perspectives or understanding that actions can be undone mentally, an important part of cognitive development.

Primary Emotions

Primary emotions are basic emotions that are experienced universally across cultures, such as happiness, sadness, fear, and anger.