Skip to content

Course home

2.2.4 descriptions of elasticity values

Card 1 of 20

What determines whether an elasticity coefficient is called elastic or inelastic?

A

Its absolute size, ignoring the sign.

B

Its positive or negative sign, regardless of size.

C

Whether the coefficient is measured as a percentage.

D

Whether the coefficient is a whole number.

Card 1 of 20

2.2.4 descriptions of elasticity values Flashcards

  1. Intl A Level
  2. /Economics
  3. /2.2.4 descriptions of elasticity values

20 flashcards on CIE Intl A Level Economics 2.2.4 descriptions of elasticity values: the key terms and definitions you need to recall.

Flashcards