Title: microeconomics

Essay Details

Subject: Business
Author: Donald B
Date: April 17, 2015
Level: University
Grade: A
Length: 4 / 1118
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Emphasis: The percentages changes are compared, not the absolute changes. a. Absolute changes depend on choice of units. For example, a change in the price of a $10,000 car by $1 and is very different than a change in the price a of $1 can of beer by $1. The auto's price is rising by a fraction of a percent while the beer price is rising 100 percent...

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Emphasis: The percentages changes are compared, not the absolute changes. a. Absolute changes depend on choice of units. For example, a change in the price of a $10,000 car by $1 and is very different than a change in the price a of $1 can of beer by $1. The auto's price is rising by a fraction of a percent while the beer price is rising 100 percent...

Showed next 250 characters

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