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When the price of McRonald's burger falls from RM16 to RM14, the quantity demanded increases from 200 to 300 burgers per month. Based on the
When the price of McRonald's burger falls from RM16 to RM14, the quantity demanded increases from 200 to 300 burgers per month.
Based on the situation above, calculate the price elasticity of demand for McRonald's burger by using the midpoint formula.
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