SOLUTION: Suppose the price of a certain brand of drink dropped from $2.20 to $1.90 and at the same time, the quantity of the product reduced from 100ml to 75ml. Calculate if this is a “goo

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Question 1023760: Suppose the price of a certain brand of drink dropped from $2.20 to $1.90 and at the same time, the quantity of the product reduced from 100ml to 75ml.
Calculate if this is a “good” change for the manufacturer? Why?
Answer by Edwin McCravy(20055) About Me  (Show Source):
You can put this solution on YOUR website!
That's 24 times out of 120, so we make the fraction 
24%2F120 and reduce it to 1%2F5.

Edwin