CourseCourseConceptConceptDocsDocuments

Edexcel IGCSE Economics 1.1.4 M Factors Influencing Pes Questions

Practise PES-factor questions by naming a supply factor and explaining how quickly firms can respond to price changes in production.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • State a factor affecting PES, such as stocks, spare capacity, time or inputs.
  • Link a supply factor to how quickly firms can respond to a price rise.

Edexcel IGCSE Economics 1.1.4 M Factors Influencing Pes Questions question 1

[Maximum number: 1]

State one factor that would affect price elasticity of supply (PES).

All question bank results loaded