0.006 is 1/10 of what
2 answers:
You might be interested in
Answer: Use Fractions and Multiplication.
Step-by-step explanation:
To start, you need to find 1/6 of 12. The easiest way to do this is to multiply 12/1 by 1/6. The answer is 12/6, which simplifies to 2. Then, you do the same for 2/3: 12/1*2/3=24/3, which simplifies to 8. You then add the results to figure out how much has been eaten. 8+2=10
Answer: Percentage change in quantity would decrease by 12.5%.
Step-by-step explanation:
Since we have given that
Price elasticity of demand = -0.8
Price of each unit = $100
After change, price of each unit becomes = $110
% change in quantity would be
As we know the relation between price, quantity and elasticity.
Hence, Percentage change in quantity would decrease by 12.5%.