Suppose That the Price of E-Books Is Initially $20 but Decreases

question 83

Multiple Choice

Suppose that the price of e-books is initially $20 but decreases to $15.The absolute value of the percentage change in price (by the midpoint method) is approximately _____%.

• A) 28
• B) 10
• C) 5
• D) 15

---

Definitions:

Splinter

A thin, sharp piece of wood.

Wood

A hard, fibrous material forming the trunk and branches of trees or shrubs, used for construction, fuel, and as a raw material for many products.

Sharp Piece

A fragment or object with a pointed or edged part capable of cutting or puncturing.

Gasoline

A flammable liquid derived from petroleum, used primarily as fuel in internal combustion engines.