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Edexcel IGCSE Economics 1.1.4.d price elastic and inelastic demand diagrams

Practise PED diagram questions by drawing elastic or inelastic demand curves and showing the impact of a price change on both axes.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • Draw and label an elastic demand curve with a larger quantity than price response.
  • Show an inelastic demand curve using axis changes after a price movement.

1.1.4.d Price-elastic and price-inelastic demand diagrams question 1

[Maximum number: 3]

Using the diagram below, draw a price elastic demand (PED) curve. Label the curve and show the impact on both axes from a change in price.

Figure 2

Figure 2

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