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Edexcel A-Level Economics AS 1.3.2 3a Concepts of Price Income and Cross Elasticities of Cross Elasticities Demand of Questions

Practise defining income elasticity of demand as responsiveness to income changes and expressing the relationship with percentage changes.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • define YED as percentage change in quantity demanded divided by percentage change in income

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