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Economics

Practice Exam Questions

Elasticity and Total Revenue (MCQ Revision Questions)

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Here is a question that requires students to understand how the coefficient of price elasticity of demand varies along a downward sloping industry demand curve and the link between PED and total revenue.

Elasticity and Total Revenue (MCQ Revision Questions)

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