A botanical garden raises its adult admission price from £16 to £20. Weekly ticket sales fall from 2,000 to 1,300. Calculating each percentage change against its starting figure, what is the size of the price elasticity of demand, ignoring the minus sign?
0.71
1.75
2.15
1.40
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.