Calculate the percentage change of the variable in cases


Problem

Calculate the percentage change of the variable in each of the following cases. Then calculate the percentage change if the movement is occurring in the opposite direction, with what was the final value now the initial value and vice versa. Now calculate a comparable percentage change using average of the initial and ending value. A fast-food restaurant which originally sold hamburgers at a price of $3, increase its price to $6.

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Microeconomics: Calculate the percentage change of the variable in cases
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