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2.2 Demand

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Question 23

A supermarket runs four separate trials. In each trial it raises the price of one fruit by 10%, while the prices of all other fruits and all other factors affecting demand stay unchanged. The table shows the results.

Fruit whose price was raisedWeekly quantity demanded before the price rise (kg)Weekly quantity demanded after the price rise (kg)
Apples3,0002,910
Bananas5,0004,700
Oranges1,000880
Grapes400344

Which fruit has the most price-inelastic demand?

[1]
A

Oranges

B

Grapes

C

Apples

D

Bananas

Markscheme

2.2 Demand Questions

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

82 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.

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