Matt's ordinary demand function for commodity x1(p1, p2, I)=(3I)/p1. How will a 1% increase in p1 affect Matt's expenditures on
1 answer:
You might be interested in
60.8 is 64% of 95.
Step-by-step explanation:
Given number is;
95
We have to find at what percent, the value is 60.8
Let x be the percent.
Therefore;
x% of 95 = 60.8
Dividing both sides by 0.95
60.8 is 64% of 95.
Keywords: percent, division
Learn more about division at:
#LearnwithBrainly
