Answer
-33.3%
-40%
Work Step by Step
$\frac{40-60}{60}\times100=\frac{-20}{60}\times100=-33.3$
$\frac{40-60}{50}\times100=\frac{-20}{50}\times100=-40$
Microeconomics: Principles, Applications, and Tools (8th Edition)
by O'Sullivan, Arthur; Sheffrin, Steven; Perez, Stephen
Published by
Prentice Hall
ISBN 10:
0-13294-886-9
ISBN 13:
978-0-13294-886-9
Chapter 1 - Appendix - Using Graphs and Percentages - Exercises - Page 26: A.8
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