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

Price elasticity of demand — practice question

During the past ten years, the price elasticity of demand for tea in many countries has increased. What is the most likely reason for this change in price elasticity?

  • Aa decrease in the incomes of consumers
  • Ba decrease in the number of complements to tea
  • Can increase in the amount of tea supplied
  • Dan increase in the number of substitutes for tea

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