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Edexcel A-Level Economics AS 1.3.2 3f Price Elasticity of Demand Varies Along a Straight Line Demand Curve Questions

Practise reading a straight-line demand curve to locate unit elasticity at the midpoint and distinguish the elastic upper section from the inelastic lower section.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • locate unit elasticity at the midpoint and identify more elastic upper and less elastic lower points

Edexcel A-Level Economics AS 1.3.2 3f Price Elasticity of Demand Varies Along a Straight Line Demand Curve Questions question 1

[Maximum number: 1]

The diagram shows the demand curve for bottled energy drinks.

Figure for Question Edexcel A-Level Economics AS 1.3.2 3f Price Elasticity of Demand Varies Along a Straight Line Demand Curve Questions 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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