Unit 2.7 & 2.8 PED & PES
Flashcard
•
Other
•
11th Grade
•
Practice Problem
•
Hard
Irene Chung
Used 1+ times
FREE Resource
Student preview

14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Price elasticity of demand (PED)
Back
the responsiveness of quantity demanded to changes in price
2.
FLASHCARD QUESTION
Front
Price elasticity of supply (PES)
Back
the responsiveness of quantity supplied to changes in price
3.
FLASHCARD QUESTION
Front
Price elastic demand
Back
the percentage change in quantity demanded is greater than the percentage change in price
[%ΔQ > %ΔP]
4.
FLASHCARD QUESTION
Front
Price elastic supply
Back
the percentage change in quantity supplied is greater than the percentage change in price
[%ΔQ > %ΔP]
5.
FLASHCARD QUESTION
Front
Price inelastic demand
Back
the percentage change in quantity demanded is lower than the percentage change in price
[%ΔQ < %ΔP]
6.
FLASHCARD QUESTION
Front
Price inelastic supply
Back
the percentage change in quantity supplied is lower than the percentage change in price
[%ΔQ < %ΔP]
7.
FLASHCARD QUESTION
Front
Unit elastic demand
Back
the percentage change in quantity demanded is the same as percentage change in price
[%ΔQ = %ΔP]
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Earth Science Essentials
Flashcard
•
11th Grade
13 questions
Question Particle
Flashcard
•
KG
10 questions
Clothing Shopping Essentials
Flashcard
•
12th Grade
10 questions
R2.3 How Far? Le Chatelier's Principle
Flashcard
•
12th Grade
15 questions
Calculating Force
Flashcard
•
KG
10 questions
Core Values and Traits
Flashcard
•
KG
10 questions
IGCSE Computer Science Flashcard
Flashcard
•
11th Grade
11 questions
Climate Change and Its Causes
Flashcard
•
KG
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Other
18 questions
Valentines Day Trivia
Quiz
•
3rd Grade - University
20 questions
-AR -ER -IR present tense
Quiz
•
10th - 12th Grade
21 questions
Presidents Day Trivia
Quiz
•
6th - 12th Grade
10 questions
Valentine's Day: History and Modern Celebration
Interactive video
•
9th - 12th Grade
11 questions
Valentine's Day Trivia
Quiz
•
8th - 12th Grade
10 questions
Factor Quadratic Expressions with Various Coefficients
Quiz
•
9th - 12th Grade
10 questions
Evaluating Piecewise Functions Practice
Quiz
•
11th Grade
18 questions
Success Strategies
Quiz
•
9th - 12th Grade