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Asked Sep 11, 2019
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If production of a good increases from 49 to 114, what is the percentage change in the quantity produced?  Enter a number rounded to two decimal places.  Do not enter a percent (%) sign.

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Solution - Given in the Question - 

Old level of production of goods = 49

New level of production...

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Formula for calulating percentage change in productivity- % change in quatity produced = New level of quatity produced- Old level of quatity produced) *100 Old level of quatity produced % change in quatity produceđ= (114-49), 49 *100 (65) .*100 % change in quatity produced= 49 % change in quatity produced = (1.3265)*100 % change in quatity produced = 132.65

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