Practice Exam Questions
Elasticity and Total Revenue (MCQ Revision Questions)
- Level:
- AS, A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 30 Apr 2017
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.
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Price Elasticity of Supply
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Cross Price Elasticity of Demand
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