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Edexcel IAL Economics 1.3.2.3f PED along a straight-line demand curve

Practise PED along a straight-line demand curve by locating elastic, unit elastic and inelastic points from labelled diagrams.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • Identify the most elastic point on a straight-line demand curve from the diagram position.
  • Locate unit elastic demand at the midpoint before classifying the remaining sections.

1.3.2.3f - price elasticity of demand varies along a straight line demand curve question 1

[Maximum number: 1]

The diagram shows the demand curve for bottled energy drinks.

Figure for Question 1.3.2.3f - price elasticity of demand varies along a straight line demand curve question 1 — Edexcel A-Level Economics AS

Which one of the following points has the value of -1 for price elasticity of demand?

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