If the MTA increases prices by 30%, by what. percentage would quantity demanded decrease? Show your work. (Hints: 30 x .12 = 3.6, 30/.12 m
If the MTA increases prices by 30%, by what. percentage would quantity demanded decrease? Show your work. (Hints: 30 x .12 = 3.6, 30/.12 m 250, .12/30 = .004, 2.75/12 m 22.92, 2.75 x .12 = .33 , 2.75 x 30 = 82.5.)
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