A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2020 · Q121 Mark
The diagram shows a demand curve for pineapples. What happens to the value of price elasticity of demand (PED) when there is a movement from point X to point Y and what describes the value at point Y? [Figure 12.1]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Afall, elastic
Bfall, inelastic
Crise, elastic
Dunchanged, unitary
✓ Correct answer
B: fall, inelastic
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