Q BankQuestion BankDocsDocuments

1.1.4.l Interpreting PES values

Syllabus
2026
Objective
1.1.4
Level

1.1.4.l Interpreting PES values

Interpret numerical values of PES that show:

  • perfect price inelasticity
  • price inelasticity
  • unitary price elasticity
  • price elasticity
  • perfect price elasticity.
ConceptIGCSE Economics