Question: 47,48 Question 47 2.5 pts For the same teeth-whitening kit manufacturer, it is observed that when the kit is priced at $10.00 (P1), the quantity

47,48

Question 47 2.5 pts For the same teeth-whitening kit manufacturer, it is observed that when the kit is priced at $10.00 (P1), the quantity demanded is 1,000,000 (Q1). However, when the price is increased to $15.00 (P2), the quantity decreases to 500,000 (Q2). What is the percentage change in quantity demanded? 0 -25% O -50% -10% -75% D Question 48 2.5 pts Using the same information from the previous question, what is the percentage change in price? 65% 90% 0 20% O 50%

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