if-the-price-of-a-good-increases-from-20-to-30-and-the-quantity-supplied-increas

Question

If the price of a good increases from $20 to $30 and the quantity supplied increases from 200 to 300 units, what is the percentage change in price using the midpoint method?

Accepted Answer

40%

Answer

33.33%

Answer

50%

Answer

60%

If the price of a good increases from \$20 to \$30 and the quantity supplied increases from 200 to 300 units, what is the percentage change in price using the midpoint method?