Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

The diagram illustrates a demand curve for pineapples. What happens to the value of price elasticity of demand (PED) as there is a movement from point X to point Y, and how is the value at point Y described?

  • Afall / elastic
  • Bfall / inelastic
  • Crise / elastic
  • Dunchanged / unitary

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