Economics 0455 · IGCSE · Price elasticity of demand (PED)

Price elasticity of demand (PED) — practice question

The table shows the demand for coffee and the supply of coffee in a market in Africa. If the price increases from $20$ to $30$ per kg, what is the price elasticity of demand for coffee?

A$0.2$
B$0.5$
C$2.0$
D$5.0$

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