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Demand, supply, PED, consumer surplus, functions of price, maximum price

This case study focuses on price elasticity of demand, demand, supply and maximum prices. 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 AnswersWhen the UK-based rock band Oasis tickets for summer 2025 went on sale a few weeks ago, they were priced...

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