A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2009 · Q61 Mark
The table shows the price elasticity of demand for four goods and services. [Table] If the price of each item increased by 1%, for which items would the total expenditure increase?
Afootball tickets only
Bfootball tickets and light bulbs
Cmotor cycles and telephone calls
Dmotor cycles only
✓ Correct answer
B: football tickets and light bulbs
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