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Consumers often object to price changes in many daily products, even though inflation and other cost changes may justify these increases. To reduce the resistance
Consumers often object to price changes in many daily products, even though inflation and other cost changes may justify these increases. To reduce the resistance to a price increase, many manufacturers adjust both prices and product sizes at the same time. For example, the regular selling price for a bottle of shampoo was $10 for 1 litre. To account for cost changes, the manufacturer decided to change the price to $ 8.50, but also reduce the bottle size to 800 millilitres. What was the percent change in the price per millilitre? Round your answer to two decimal places, and do not include % sign in your
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