Suppose When the Price of Pineapples Goes from $5 to $3

question 139

Multiple Choice

Suppose when the price of pineapples goes from $5 to $3 per pineapple,production decreases from 3,500 pineapples to 2,000 pineapples per year.Using the mid-point method,the percentage change in price would be:

• A) 0.50
• B) 50 percent
• C) 0.54
• D) 54 percent

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