Edexcel IGCSE Economics 1.1.4.e interpret PED values
Practise PED interpretation questions by selecting elasticity categories from numerical values, table options and demand scenarios.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- Select elastic demand from PED values where the absolute value is greater than one.
- Distinguish inelastic, unitary and perfectly elastic values in option tables.
1.1.4.e Interpreting PED values question 1
[Maximum number: 1]
Which one of the following products has a price inelastic demand?
Product
Price elasticity of demand (PED)
W
-1.5
X
-1
Y
-0.5
Z
1
C
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