Price Elasticity of Demand

Price Elasticity of Demand

University

10 Qs

quiz-placeholder

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Price Elasticity of Demand

Price Elasticity of Demand

Assessment

Quiz

Business

University

Hard

Created by

MARIA (PMM)

Used 127+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify types of price elasticity of demand

Elastic

Inelastic

Unitary Elastic

Perfect Elastic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify types of price elasticity of demand

Elastic

Inelastic

Unitary Elastic

Perfect Elastic

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify types of price elasticity of demand

Elastic

Inelastic

Unitary Elastic

Perfect Elastic

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify types of price elasticity of demand

Elastic

Inelastic

Unitary Elastic

Perfect Inelastic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify types of price elasticity of demand

Elastic

Inelastic

Unitary Elastic

Perfect Elastic

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify degrees of price elasticity of demand

Ed = ∞

0 < Ed < 1

Ed = 1

Ed = 0

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Identify degrees of price elasticity of demand

Ed = 1

Ed = 0

0 < Ed < 1

Ed = ∞

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