
IGCSE Economics-Elasticity
Flashcard
•
Social Studies
•
9th - 10th Grade
•
Practice Problem
•
Hard
Marshall Irby
FREE Resource
Student preview

20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Price elasticity of demand measures:
Back
the responsiveness of the quantity demanded of a good to a one per cent change in price
2.
FLASHCARD QUESTION
Front
Using the midpoint formula, what is the price elasticity of demand for a basketball if the quantity demanded falls from 7000 to 4000 per week after its price increases from $60 to $150?
Back
0.636
3.
FLASHCARD QUESTION
Front
Price elasticity of demand when bus ticket price rises from $2.75 to $3 and sales fall from 10,000 to 8,500.
Back
elastic
4.
FLASHCARD QUESTION
Front
Price elasticity of demand when bus ticket price rises from $2.75 to $3.75 and tickets sold fall from 9000 to 7800.
Back
0.464
5.
FLASHCARD QUESTION
Front
The price elasticity of demand for a vertical demand curve is:
Back
perfectly inelastic
6.
FLASHCARD QUESTION
Front
If demand is ELASTIC,
Back
it reacts a lot to price changes
7.
FLASHCARD QUESTION
Front
Select a product with ELASTIC demand: petrol, make up, electricity bill
Back
make up
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
10 questions
Present Simple - Negative
Flashcard
•
10th Grade
18 questions
Grade 9 SS - CH 3 Charter of Rights & Freedoms
Flashcard
•
9th Grade
18 questions
Grade 9 SS - CH 3 Charter of Rights & Freedoms
Flashcard
•
9th Grade
15 questions
paměť + pozornost
Flashcard
•
9th - 12th Grade
10 questions
Novice Lesson 2 Practice Words
Flashcard
•
KG
19 questions
Narrative Text
Flashcard
•
10th Grade
10 questions
Biomolecules Review
Flashcard
•
9th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
10 questions
Probability Practice
Quiz
•
4th Grade
15 questions
Probability on Number LIne
Quiz
•
4th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
6 questions
Appropriate Chromebook Usage
Lesson
•
7th Grade
10 questions
Greek Bases tele and phon
Quiz
•
6th - 8th Grade
Discover more resources for Social Studies
17 questions
World War 2 (World History 25-26)
Quiz
•
9th Grade
16 questions
USHC 4.8 Immigration and Urbanization
Quiz
•
9th - 12th Grade
15 questions
Unit 4 FA: Charlemagne, feudalism and catholic church
Quiz
•
10th Grade
20 questions
Unit 7.3 Japan and Germany Quiz Review
Quiz
•
10th Grade
10 questions
Exploring the Executive Branch and Presidential Powers
Interactive video
•
6th - 10th Grade
16 questions
SBAC Practice HSS26
Quiz
•
9th - 12th Grade
20 questions
Unit 7.4 Imperialism Wayground review
Quiz
•
10th Grade
46 questions
WWI QUIZ
Quiz
•
9th Grade