Subsection 2.7. Price elasticity of demand (PED) for Economics, O Level - revisedeck

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2.7. Price elasticity of demand (PED)

A subsection of Economics, 2281, through 2. The allocation of resources

Listing 10 of 53 questions

The demand for cocoa beans is price-inelastic. What is most likely to decrease as a result of an increase in demand for cocoa beans?

2281_w16_qp_13

MCQ

2016

Paper 1, Variant 3

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The table shows the quantity demanded at different prices. price $ quantity demanded For which fall in price is the demand price-inelastic?

2281_w21_qp_12

MCQ

2021

Paper 1, Variant 2

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Which factor can influence the price elasticity of supply of a product?

2281_w22_qp_13

MCQ

2022

Paper 1, Variant 3

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Questions Discovered

53