Skip to content

Course home

2.2 Demand

2.2 Demand

EasyMediumHard
123456789101112131415
Question 10

Which product is most likely to have relatively price-inelastic demand?

[1]
A

A particular brand of luxury handbag

B

A holiday abroad with many alternatives

C

A restaurant meal in a town with many restaurants

D

An essential medicine with no close substitute

Markscheme

2.2 Demand Questions

  1. GCSE
  2. /Economics
  3. /2.2 Demand

41 exam-style questions on OCR GCSE Economics 2.2 Demand, covering 2.2.1 What is demand, 2.2.2 Draw a demand curve using data, 2.2.3 Explain a demand curve, 2.2.4 Shifts and movements of the demand curve, 2.2.5 Causes and consequences of demand changes, 2.2.6 Price elasticity of demand, 2.2.7 Draw demand curves of different elasticity, and 2.2.8 Importance of price elasticity of demand. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank