Question

5. If the price of burger rises for 12 per piece to * 20 per piece as a result of which the daily sales
decrease from 300 to 200 pieces per day. The price elasticity of demand can be estimated as
(a)0.5
(b) 0.8
(c) 0.25
(d) 2.10
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Answer 1

Answer:

0.25

Step-by-step explanation:

Don't have an explanation

Answer 2

Answer:

Step-by-step explanation:

0.25 is the answer