To find the percentage change in price,
A. The change in quantity is divided by the average quantity.
B. The change in quantity is divided by the change in price.
C. The percentage change in quantity demanded is divided by the percentage change in price.
D. The change in price is divided by the average price.
Answer: D
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According to the theory of liquidity preference, if output decreases
a. people want to hold more money. This response is shown as a movement along the money demand curve. b. people want to hold more money. This response is shown as a shift of the money demand curve. c. people want to hold less money. This response is shown as a movement along the money demand curve. d. people want to hold less money. This response is shown as a shift of the money demand curve.
What are the effects of a reciprocity strategy on game outcomes?
What will be an ideal response?