Skip to content

Course home

Sign up

1.2.3 Price, income and cross elasticities of demand

EasyMediumHard
1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162
Question 55

Given that the price elasticity of demand for the Grand Horizon Theatre's annual membership is price elastic, explain the likely impact on their total revenue of an increase in the membership fee.

[2]
Markscheme

1.2.3 Price, income and cross elasticities of demand Questions

  1. A Level
  2. /Economics
  3. /1.2.3 Price, income and cross elasticities of demand

119 exam-style questions on Edexcel A A Level Economics 1.2.3 Price, income and cross elasticities of demand. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank