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Card 1 of 21

PES measures the [     ] to a change in price.

A

change in firms’ total revenue

B

responsiveness of production costs

C

responsiveness of quantity demanded

D

responsiveness of quantity supplied

Card 1 of 21

1.3.4 Price elasticity of supply Flashcards

  1. A Level
  2. /Economics
  3. /1.3.4 Price elasticity of supply

21 flashcards on AQA A Level Economics 1.3.4 Price elasticity of supply: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards