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Markets, demand and supply, PED, YED and PES

This case study looks at changes in the leisure market. It focuses on demand and supply theory, price elasticity of demand, income elasticity of demand and price elasticity of supply. This paper can be completed as a homework or classwork exercise and should take around 105 minutes. It is based on a paper two examination question using the new syllabus. The maximum mark for this paper is 40. Questions Answers

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