Embedded Files
Please watch this video prior to starting this topic. Make a note of any questions you have and ask them when your teacher teaches this topic.
Price Elasticity of Demand.pptQuantitative skills and PED
Rugby World Cup 2015 Price rip offs.pdfincome elasticity of demand.docIncome & Cross Elasticity.ppt
Price Elasticity of Supply:
Starter activity: How do you think Mr Oldfield is going to react to the following in terms of his strategy for his coffee farm?
Now watch this introductory video on Price elasticity of Supply.Â
Price Elasticity of Supply.pptElasticity of Supply 03.docWorksheet on Elasticity.doc15Q MC test on elasticity.pdfElasticity questions.pdfElast rev.pdfStudent Activity:
Student Activity:
Essay Question
2. (a) Explain three determinants of price elasticity of demand (PED). [10 marks]
(b) Examine the role of PED for firms making decisions regarding price changes and their effect on total revenue. [15 marks]
Please collaborate on answering this question
Some great articles /tweets on Elasticity
XED Matching & Sorting.pdfPage updated
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