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

Price elasticity of demand — practice question

Good X is a substitute for good Y and a complement to good Z. What would occur after the price of good X falls?

  • AOnly the demand for X will rise.
  • BDemand for X, Y and Z will rise.
  • CDemand for Y will fall and for Z will rise.
  • DDemand for Y will rise and for Z will fall.

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