Due to an increase in price, a seller increases the quantity offered for sale from...
ECONOMICS
WAEC 2014
Due to an increase in price, a seller increases the quantity offered for sale from 400 units. What is the percentage change in quantity supplied?
- A. 1 %
- B. 7.5%
- C. 12.5%
- D. 20%
Correct Answer: C. 12.5%
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