A-LevelEconomicsElasticityOct/Nov 2010Paper 1 Q71 Mark
The table shows a consumer's expenditure on a range of goods at different levels of income. consumer's income ($) 40 50 100 good consumer's expenditure ($) A 10 18 40 B 10 11 20 C 10 10 10 D 10 8 6 For which good does the consumer have an income elasticity of demand greater than zero, but less than one?
AA
BB
CC
DD
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of elasticity within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep