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sinerus sinerus
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6 years ago
Recall the application. When the government converted the highway from 4 lanes into 6 lanes, they claimed the capacity had increased by 50%. When the government switched the highway back from 6 lanes to 4 lanes, they claimed the capacity had been decreased by 33%. Had the government used the midpoint method, the percentage increase would have been ________% and the percentage decrease would have been ________%.
A) 40; 40
B) 33; 50
C) 50; 50
D) 33; 33
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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