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Percentage Change Formula Economics

Percentage Change Formula Economics . Calculate the percentage change in the selling price. Next, you divide the increase or decrease by the first initial value. Lesson Plan Elasticity ppt Summary Economic Investigations from peped.org Divide the new value by the old value (you will get a decimal number) step 2: It is then divided by the average of those two numbers, which increased by 100%. The following formula can be used to calculate percent change:

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