Economy of britannica produces three goods

Question # 00766599 Posted By: fucrank Updated on: 06/24/2020 06:01 AM Due on: 06/29/2020
Subject Economics Topic General Economics Tutorials:
Question
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The economy of Britannica produces three goods: computers, Blu-rays, and pizza. The accompanying table shows the prices and output of the three goods for the years 2012, 2013, and 2014.

 
 

2012

$900

10

$10

100

$15

2

2013

1,000

10.5

12

105

16

2

2014

1,050

12

14

110

17

3

What is the percent change in production of each of the goods from 2012 to 2013 and from 2013 to 2014?

The percent change in the production of computers

From 2012 to 2013, the percent change in the production of computers is ___ percent. 

From 2013 to 2014, the percent change in the production of computers is ___ percent. (Round your answer to the nearest tenth.)

The percent change in the production of Blu-rays

From 2012 to 2013, the percent change in the production of Blu-rays is  __percent.

From 2013 to 2014, the percent change in the production of Blu-rays is __ percent. (Round your answer to the nearest tenth.)

The percent change in the production of pizzas

From 2012 to 2013, the percent change in the production of pizzas is  __ percent.

From 2013 to 2014, the percent change in the production of pizzas is  __percent.

 

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