Refer to the accompanying table to answer the following questions.

-The price of erasers increases from $0.50 to $1.00 per eraser.By what percentage does the quantity demanded of pencils change? (Use the midpoint method. )
A) 8.70 percent
B) 22.22 percent
C) -22.22 percent
D) -8.70 percent
E) 6.67 percent

Question

Refer to the accompanying table to answer the following questions.
 
-The price of erasers increases from $0.50 to $1.00 per eraser.By what percentage does the quantity demanded of pencils change? (Use the midpoint method. )
A) 8.70 percent 
B) 22.22 percent 
C) -22.22 percent 
D) -8.70 percent 
E) 6.67 percent

Quizplus · Accepted Answer

The Answer of Refer to the accompanying table to answer the following questions.
 
-The price of erasers increases from $0.50 to $1.00 per eraser.By what percentage does the quantity demanded of pencils change? (Use the midpoint method. )
A) 8.70 percent 
B) 22.22 percent 
C) -22.22 percent 
D) -8.70 percent 
E) 6.67 percent

Refer to the Accompanying Table to Answer the Following Questions