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

Price elasticity of demand — practice question

The table presents the price elasticity of demand for four goods and services. If the price of each item rose by 1%, which items would see total expenditure rise?

  • Afootball tickets and light bulbs
  • Bfootball tickets only
  • Cmotorcycles and telephone calls
  • Dmotorcycles only

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI