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

Price elasticity of demand — practice question

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

Afall; elastic
Bfall; inelastic
Crise; elastic
Dunchanged; unitary

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