Skip to content

Course home

Sign up

1.2.3 Price, income and cross elasticities of demand

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536373839404142434445
Question 25

Petrol cars and electric vehicles (EVs) are considered to be substitutes. Explain how changes in the price of petrol cars may affect the demand for electric vehicles (EVs) over time.

[6]
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