Answer:
54.55%
Explanation:
The purchasing price is $55
Price has increased to $85.
The monetary increase = $85 - $55 = $30
As a percentage , the increase will be
=$30/$55 x 100
=0.545454 x 100
=54.5454%
=54.55%
Answer:
C. Cows, chicken, and swine for sale at a company's farm
Answer:
The price.
Explanation:
Elasticity is the percentage change in quantity divided by the percentage change in price.