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Price elasticity of demand revision sheet

This page contains the activities, with student access, for the page: Price elasticity of demand revision sheet 1. Fill in the missing words. Price elasticity of demand is a measure of the responsiveness of quantity _____________ to a change in ________. Complete the formula for price elasticity of demand: 2. Calculations a. If the price of a camera rises by 20% and their demand falls by 20% i) Calculate the price...

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