34:I[196793,["/_next/static/chunks/075vy1fh16gh5.js?dpl=nogit-1790195505","/_next/static/chunks/060-i_62-vse1.js?dpl=nogit-1790195505","/_next/static/chunks/2epfhfe5im7r6.js?dpl=nogit-1790195505","/_next/static/chunks/2yhf9vq09dqoa.js?dpl=nogit-1790195505","/_next/static/chunks/0p4rexedanx97.js?dpl=nogit-1790195505","/_next/static/chunks/0u008gt6051u7.js?dpl=nogit-1790195505","/_next/static/chunks/1odwrcl12kfnl.js?dpl=nogit-1790195505","/_next/static/chunks/0zkcxwtbsqliz.js?dpl=nogit-1790195505","/_next/static/chunks/316m85d5s15pp.js?dpl=nogit-1790195505","/_next/static/chunks/2_itvjgqsumf8.js?dpl=nogit-1790195505","/_next/static/chunks/33xgs57_c1jx_.js?dpl=nogit-1790195505","/_next/static/chunks/3r5hh4t0jf4es.js?dpl=nogit-1790195505","/_next/static/chunks/3ml3vooxhiupb.js?dpl=nogit-1790195505","/_next/static/chunks/1h4wccj42vygd.js?dpl=nogit-1790195505","/_next/static/chunks/12xoy6h_w_le6.js?dpl=nogit-1790195505","/_next/static/chunks/2os7nxouq91eq.js?dpl=nogit-1790195505","/_next/static/chunks/3ht89vb0p09bm.js?dpl=nogit-1790195505","/_next/static/chunks/3ocoqwe4aht_u.js?dpl=nogit-1790195505","/_next/static/chunks/32qmkt01ta8b2.js?dpl=nogit-1790195505","/_next/static/chunks/3jpl-42mbad5n.js?dpl=nogit-1790195505","/_next/static/chunks/1bbv7o2-m-0ni.js?dpl=nogit-1790195505","/_next/static/chunks/097slu7xaeast.js?dpl=nogit-1790195505","/_next/static/chunks/14kf-an-d2n-e.js?dpl=nogit-1790195505","/_next/static/chunks/117yqm55h4y_p.js?dpl=nogit-1790195505","/_next/static/chunks/0v4byuex1x38h.js?dpl=nogit-1790195505","/_next/static/chunks/2eoustw-nfu98.js?dpl=nogit-1790195505","/_next/static/chunks/04zr-wqafvwoa.js?dpl=nogit-1790195505","/_next/static/chunks/3hkl04r--3y18.js?dpl=nogit-1790195505","/_next/static/chunks/0gvj8_2lj8s8m.js?dpl=nogit-1790195505","/_next/static/chunks/0k-y_4mcfub-p.js?dpl=nogit-1790195505","/_next/static/chunks/0llqhg6-bxn_b.js?dpl=nogit-1790195505","/_next/static/chunks/2ydqdr10ndcei.js?dpl=nogit-1790195505","/_next/static/chunks/2ekz38h993cj8.js?dpl=nogit-1790195505","/_next/static/chunks/0mgw5qzpc_1eu.js?dpl=nogit-1790195505","/_next/static/chunks/1ku-vdy4ggo41.js?dpl=nogit-1790195505","/_next/static/chunks/09_ag440ieydu.js?dpl=nogit-1790195505","/_next/static/chunks/2dx-vzwyw9a3g.js?dpl=nogit-1790195505","/_next/static/chunks/3_o3al2nkyqic.js?dpl=nogit-1790195505","/_next/static/chunks/2z-64g1onu4uw.js?dpl=nogit-1790195505","/_next/static/chunks/00ol_16j3a2oa.js?dpl=nogit-1790195505","/_next/static/chunks/0odk_0my0_b5-.js?dpl=nogit-1790195505","/_next/static/chunks/0dbk553rgd90s.js?dpl=nogit-1790195505","/_next/static/chunks/0aq3eylxphp57.js?dpl=nogit-1790195505","/_next/static/chunks/2srfni4gkx9g6.js?dpl=nogit-1790195505","/_next/static/chunks/3k8iy5tn80za8.js?dpl=nogit-1790195505","/_next/static/chunks/2hccrcvndngge.js?dpl=nogit-1790195505","/_next/static/chunks/3h4suq-9gmzwh.js?dpl=nogit-1790195505","/_next/static/chunks/12mv6p8rwcl5o.js?dpl=nogit-1790195505","/_next/static/chunks/1bt82o91jhwht.js?dpl=nogit-1790195505","/_next/static/chunks/1nnw6yom6-qhh.js?dpl=nogit-1790195505","/_next/static/chunks/2vg15qyptj-oc.js?dpl=nogit-1790195505","/_next/static/chunks/2_vtmw66zj1j7.js?dpl=nogit-1790195505","/_next/static/chunks/0ep4vrgb00zlb.js?dpl=nogit-1790195505","/_next/static/chunks/2s1hkstzlmj2o.js?dpl=nogit-1790195505","/_next/static/chunks/2wp4esku6l29e.js?dpl=nogit-1790195505","/_next/static/chunks/43ajf4ofaeu5y.js?dpl=nogit-1790195505","/_next/static/chunks/1lsxkfxy262n-.js?dpl=nogit-1790195505","/_next/static/chunks/0zg1om_k0m5zv.js?dpl=nogit-1790195505","/_next/static/chunks/1__39-dgg7p8-.js?dpl=nogit-1790195505","/_next/static/chunks/2gb4dscyul4eg.js?dpl=nogit-1790195505","/_next/static/chunks/1y5xmyjgu8grb.js?dpl=nogit-1790195505","/_next/static/chunks/2y341-r8ncizo.js?dpl=nogit-1790195505","/_next/static/chunks/0kpd0j3i_7yor.js?dpl=nogit-1790195505","/_next/static/chunks/1ksyn9m68446d.js?dpl=nogit-1790195505","/_next/static/chunks/0sf7rskx57j6y.js?dpl=nogit-1790195505","/_next/static/chunks/3wqp-h5xnebw9.js?dpl=nogit-1790195505","/_next/static/chunks/3ghbpnibq2fva.js?dpl=nogit-1790195505","/_next/static/chunks/30dopbgd1dkf9.js?dpl=nogit-1790195505"],"Gingerbread"] 36:I[647935,["/_next/static/chunks/075vy1fh16gh5.js?dpl=nogit-1790195505","/_next/static/chunks/060-i_62-vse1.js?dpl=nogit-1790195505","/_next/static/chunks/2epfhfe5im7r6.js?dpl=nogit-1790195505","/_next/static/chunks/2yhf9vq09dqoa.js?dpl=nogit-1790195505","/_next/static/chunks/0p4rexedanx97.js?dpl=nogit-1790195505","/_next/static/chunks/0u008gt6051u7.js?dpl=nogit-1790195505","/_next/static/chunks/1odwrcl12kfnl.js?dpl=nogit-1790195505","/_next/static/chunks/0zkcxwtbsqliz.js?dpl=nogit-1790195505","/_next/static/chunks/316m85d5s15pp.js?dpl=nogit-1790195505","/_next/static/chunks/2_itvjgqsumf8.js?dpl=nogit-1790195505","/_next/static/chunks/33xgs57_c1jx_.js?dpl=nogit-1790195505","/_next/static/chunks/3r5hh4t0jf4es.js?dpl=nogit-1790195505","/_next/static/chunks/3ml3vooxhiupb.js?dpl=nogit-1790195505","/_next/static/chunks/1h4wccj42vygd.js?dpl=nogit-1790195505","/_next/static/chunks/12xoy6h_w_le6.js?dpl=nogit-1790195505","/_next/static/chunks/2os7nxouq91eq.js?dpl=nogit-1790195505","/_next/static/chunks/3ht89vb0p09bm.js?dpl=nogit-1790195505","/_next/static/chunks/3ocoqwe4aht_u.js?dpl=nogit-1790195505","/_next/static/chunks/32qmkt01ta8b2.js?dpl=nogit-1790195505","/_next/static/chunks/3jpl-42mbad5n.js?dpl=nogit-1790195505","/_next/static/chunks/1bbv7o2-m-0ni.js?dpl=nogit-1790195505","/_next/static/chunks/097slu7xaeast.js?dpl=nogit-1790195505","/_next/static/chunks/14kf-an-d2n-e.js?dpl=nogit-1790195505","/_next/static/chunks/117yqm55h4y_p.js?dpl=nogit-1790195505","/_next/static/chunks/0v4byuex1x38h.js?dpl=nogit-1790195505","/_next/static/chunks/2eoustw-nfu98.js?dpl=nogit-1790195505","/_next/static/chunks/04zr-wqafvwoa.js?dpl=nogit-1790195505","/_next/static/chunks/3hkl04r--3y18.js?dpl=nogit-1790195505","/_next/static/chunks/0gvj8_2lj8s8m.js?dpl=nogit-1790195505","/_next/static/chunks/0k-y_4mcfub-p.js?dpl=nogit-1790195505","/_next/static/chunks/0llqhg6-bxn_b.js?dpl=nogit-1790195505","/_next/static/chunks/2ydqdr10ndcei.js?dpl=nogit-1790195505","/_next/static/chunks/2ekz38h993cj8.js?dpl=nogit-1790195505","/_next/static/chunks/0mgw5qzpc_1eu.js?dpl=nogit-1790195505","/_next/static/chunks/1ku-vdy4ggo41.js?dpl=nogit-1790195505","/_next/static/chunks/09_ag440ieydu.js?dpl=nogit-1790195505","/_next/static/chunks/2dx-vzwyw9a3g.js?dpl=nogit-1790195505","/_next/static/chunks/3_o3al2nkyqic.js?dpl=nogit-1790195505","/_next/static/chunks/2z-64g1onu4uw.js?dpl=nogit-1790195505","/_next/static/chunks/00ol_16j3a2oa.js?dpl=nogit-1790195505","/_next/static/chunks/0odk_0my0_b5-.js?dpl=nogit-1790195505","/_next/static/chunks/0dbk553rgd90s.js?dpl=nogit-1790195505","/_next/static/chunks/0aq3eylxphp57.js?dpl=nogit-1790195505","/_next/static/chunks/2srfni4gkx9g6.js?dpl=nogit-1790195505","/_next/static/chunks/3k8iy5tn80za8.js?dpl=nogit-1790195505","/_next/static/chunks/2hccrcvndngge.js?dpl=nogit-1790195505","/_next/static/chunks/3h4suq-9gmzwh.js?dpl=nogit-1790195505","/_next/static/chunks/12mv6p8rwcl5o.js?dpl=nogit-1790195505","/_next/static/chunks/1bt82o91jhwht.js?dpl=nogit-1790195505","/_next/static/chunks/1nnw6yom6-qhh.js?dpl=nogit-1790195505","/_next/static/chunks/2vg15qyptj-oc.js?dpl=nogit-1790195505","/_next/static/chunks/2_vtmw66zj1j7.js?dpl=nogit-1790195505","/_next/static/chunks/0ep4vrgb00zlb.js?dpl=nogit-1790195505","/_next/static/chunks/2s1hkstzlmj2o.js?dpl=nogit-1790195505","/_next/static/chunks/2wp4esku6l29e.js?dpl=nogit-1790195505","/_next/static/chunks/43ajf4ofaeu5y.js?dpl=nogit-1790195505","/_next/static/chunks/1lsxkfxy262n-.js?dpl=nogit-1790195505","/_next/static/chunks/0zg1om_k0m5zv.js?dpl=nogit-1790195505","/_next/static/chunks/1__39-dgg7p8-.js?dpl=nogit-1790195505","/_next/static/chunks/2gb4dscyul4eg.js?dpl=nogit-1790195505","/_next/static/chunks/1y5xmyjgu8grb.js?dpl=nogit-1790195505","/_next/static/chunks/2y341-r8ncizo.js?dpl=nogit-1790195505","/_next/static/chunks/0kpd0j3i_7yor.js?dpl=nogit-1790195505","/_next/static/chunks/1ksyn9m68446d.js?dpl=nogit-1790195505","/_next/static/chunks/0sf7rskx57j6y.js?dpl=nogit-1790195505","/_next/static/chunks/3wqp-h5xnebw9.js?dpl=nogit-1790195505","/_next/static/chunks/3ghbpnibq2fva.js?dpl=nogit-1790195505","/_next/static/chunks/30dopbgd1dkf9.js?dpl=nogit-1790195505"],"RecordResourceResume"] 37:I[830476,["/_next/static/chunks/075vy1fh16gh5.js?dpl=nogit-1790195505","/_next/static/chunks/060-i_62-vse1.js?dpl=nogit-1790195505","/_next/static/chunks/2epfhfe5im7r6.js?dpl=nogit-1790195505","/_next/static/chunks/2yhf9vq09dqoa.js?dpl=nogit-1790195505","/_next/static/chunks/0p4rexedanx97.js?dpl=nogit-1790195505","/_next/static/chunks/0u008gt6051u7.js?dpl=nogit-1790195505","/_next/static/chunks/1odwrcl12kfnl.js?dpl=nogit-1790195505","/_next/static/chunks/0zkcxwtbsqliz.js?dpl=nogit-1790195505","/_next/static/chunks/316m85d5s15pp.js?dpl=nogit-1790195505","/_next/static/chunks/2_itvjgqsumf8.js?dpl=nogit-1790195505","/_next/static/chunks/33xgs57_c1jx_.js?dpl=nogit-1790195505","/_next/static/chunks/3r5hh4t0jf4es.js?dpl=nogit-1790195505","/_next/static/chunks/3ml3vooxhiupb.js?dpl=nogit-1790195505","/_next/static/chunks/1h4wccj42vygd.js?dpl=nogit-1790195505","/_next/static/chunks/12xoy6h_w_le6.js?dpl=nogit-1790195505","/_next/static/chunks/2os7nxouq91eq.js?dpl=nogit-1790195505","/_next/static/chunks/3ht89vb0p09bm.js?dpl=nogit-1790195505","/_next/static/chunks/3ocoqwe4aht_u.js?dpl=nogit-1790195505","/_next/static/chunks/32qmkt01ta8b2.js?dpl=nogit-1790195505","/_next/static/chunks/3jpl-42mbad5n.js?dpl=nogit-1790195505","/_next/static/chunks/1bbv7o2-m-0ni.js?dpl=nogit-1790195505","/_next/static/chunks/097slu7xaeast.js?dpl=nogit-1790195505","/_next/static/chunks/14kf-an-d2n-e.js?dpl=nogit-1790195505","/_next/static/chunks/117yqm55h4y_p.js?dpl=nogit-1790195505","/_next/static/chunks/0v4byuex1x38h.js?dpl=nogit-1790195505","/_next/static/chunks/2eoustw-nfu98.js?dpl=nogit-1790195505","/_next/static/chunks/04zr-wqafvwoa.js?dpl=nogit-1790195505","/_next/static/chunks/3hkl04r--3y18.js?dpl=nogit-1790195505","/_next/static/chunks/0gvj8_2lj8s8m.js?dpl=nogit-1790195505","/_next/static/chunks/0k-y_4mcfub-p.js?dpl=nogit-1790195505","/_next/static/chunks/0llqhg6-bxn_b.js?dpl=nogit-1790195505","/_next/static/chunks/2ydqdr10ndcei.js?dpl=nogit-1790195505","/_next/static/chunks/2ekz38h993cj8.js?dpl=nogit-1790195505","/_next/static/chunks/0mgw5qzpc_1eu.js?dpl=nogit-1790195505","/_next/static/chunks/1ku-vdy4ggo41.js?dpl=nogit-1790195505","/_next/static/chunks/09_ag440ieydu.js?dpl=nogit-1790195505","/_next/static/chunks/2dx-vzwyw9a3g.js?dpl=nogit-1790195505","/_next/static/chunks/3_o3al2nkyqic.js?dpl=nogit-1790195505","/_next/static/chunks/2z-64g1onu4uw.js?dpl=nogit-1790195505","/_next/static/chunks/00ol_16j3a2oa.js?dpl=nogit-1790195505","/_next/static/chunks/0odk_0my0_b5-.js?dpl=nogit-1790195505","/_next/static/chunks/0dbk553rgd90s.js?dpl=nogit-1790195505","/_next/static/chunks/0aq3eylxphp57.js?dpl=nogit-1790195505","/_next/static/chunks/2srfni4gkx9g6.js?dpl=nogit-1790195505","/_next/static/chunks/3k8iy5tn80za8.js?dpl=nogit-1790195505","/_next/static/chunks/2hccrcvndngge.js?dpl=nogit-1790195505","/_next/static/chunks/3h4suq-9gmzwh.js?dpl=nogit-1790195505","/_next/static/chunks/12mv6p8rwcl5o.js?dpl=nogit-1790195505","/_next/static/chunks/1bt82o91jhwht.js?dpl=nogit-1790195505","/_next/static/chunks/1nnw6yom6-qhh.js?dpl=nogit-1790195505","/_next/static/chunks/2vg15qyptj-oc.js?dpl=nogit-1790195505","/_next/static/chunks/2_vtmw66zj1j7.js?dpl=nogit-1790195505","/_next/static/chunks/0ep4vrgb00zlb.js?dpl=nogit-1790195505","/_next/static/chunks/2s1hkstzlmj2o.js?dpl=nogit-1790195505","/_next/static/chunks/2wp4esku6l29e.js?dpl=nogit-1790195505","/_next/static/chunks/43ajf4ofaeu5y.js?dpl=nogit-1790195505","/_next/static/chunks/1lsxkfxy262n-.js?dpl=nogit-1790195505","/_next/static/chunks/0zg1om_k0m5zv.js?dpl=nogit-1790195505","/_next/static/chunks/1__39-dgg7p8-.js?dpl=nogit-1790195505","/_next/static/chunks/2gb4dscyul4eg.js?dpl=nogit-1790195505","/_next/static/chunks/1y5xmyjgu8grb.js?dpl=nogit-1790195505","/_next/static/chunks/2y341-r8ncizo.js?dpl=nogit-1790195505","/_next/static/chunks/0kpd0j3i_7yor.js?dpl=nogit-1790195505","/_next/static/chunks/1ksyn9m68446d.js?dpl=nogit-1790195505","/_next/static/chunks/0sf7rskx57j6y.js?dpl=nogit-1790195505","/_next/static/chunks/3wqp-h5xnebw9.js?dpl=nogit-1790195505","/_next/static/chunks/3ghbpnibq2fva.js?dpl=nogit-1790195505","/_next/static/chunks/30dopbgd1dkf9.js?dpl=nogit-1790195505"],"FlashcardAccessBranch"] 38:I[315438,["/_next/static/chunks/075vy1fh16gh5.js?dpl=nogit-1790195505","/_next/static/chunks/060-i_62-vse1.js?dpl=nogit-1790195505","/_next/static/chunks/2epfhfe5im7r6.js?dpl=nogit-1790195505","/_next/static/chunks/2yhf9vq09dqoa.js?dpl=nogit-1790195505","/_next/static/chunks/0p4rexedanx97.js?dpl=nogit-1790195505","/_next/static/chunks/0u008gt6051u7.js?dpl=nogit-1790195505","/_next/static/chunks/1odwrcl12kfnl.js?dpl=nogit-1790195505","/_next/static/chunks/0zkcxwtbsqliz.js?dpl=nogit-1790195505","/_next/static/chunks/316m85d5s15pp.js?dpl=nogit-1790195505","/_next/static/chunks/2_itvjgqsumf8.js?dpl=nogit-1790195505","/_next/static/chunks/33xgs57_c1jx_.js?dpl=nogit-1790195505","/_next/static/chunks/3r5hh4t0jf4es.js?dpl=nogit-1790195505","/_next/static/chunks/3ml3vooxhiupb.js?dpl=nogit-1790195505","/_next/static/chunks/1h4wccj42vygd.js?dpl=nogit-1790195505","/_next/static/chunks/12xoy6h_w_le6.js?dpl=nogit-1790195505","/_next/static/chunks/2os7nxouq91eq.js?dpl=nogit-1790195505","/_next/static/chunks/3ht89vb0p09bm.js?dpl=nogit-1790195505","/_next/static/chunks/3ocoqwe4aht_u.js?dpl=nogit-1790195505","/_next/static/chunks/32qmkt01ta8b2.js?dpl=nogit-1790195505","/_next/static/chunks/3jpl-42mbad5n.js?dpl=nogit-1790195505","/_next/static/chunks/1bbv7o2-m-0ni.js?dpl=nogit-1790195505","/_next/static/chunks/097slu7xaeast.js?dpl=nogit-1790195505","/_next/static/chunks/14kf-an-d2n-e.js?dpl=nogit-1790195505","/_next/static/chunks/117yqm55h4y_p.js?dpl=nogit-1790195505","/_next/static/chunks/0v4byuex1x38h.js?dpl=nogit-1790195505","/_next/static/chunks/2eoustw-nfu98.js?dpl=nogit-1790195505","/_next/static/chunks/04zr-wqafvwoa.js?dpl=nogit-1790195505","/_next/static/chunks/3hkl04r--3y18.js?dpl=nogit-1790195505","/_next/static/chunks/0gvj8_2lj8s8m.js?dpl=nogit-1790195505","/_next/static/chunks/0k-y_4mcfub-p.js?dpl=nogit-1790195505","/_next/static/chunks/0llqhg6-bxn_b.js?dpl=nogit-1790195505","/_next/static/chunks/2ydqdr10ndcei.js?dpl=nogit-1790195505","/_next/static/chunks/2ekz38h993cj8.js?dpl=nogit-1790195505","/_next/static/chunks/0mgw5qzpc_1eu.js?dpl=nogit-1790195505","/_next/static/chunks/1ku-vdy4ggo41.js?dpl=nogit-1790195505","/_next/static/chunks/09_ag440ieydu.js?dpl=nogit-1790195505","/_next/static/chunks/2dx-vzwyw9a3g.js?dpl=nogit-1790195505","/_next/static/chunks/3_o3al2nkyqic.js?dpl=nogit-1790195505","/_next/static/chunks/2z-64g1onu4uw.js?dpl=nogit-1790195505","/_next/static/chunks/00ol_16j3a2oa.js?dpl=nogit-1790195505","/_next/static/chunks/0odk_0my0_b5-.js?dpl=nogit-1790195505","/_next/static/chunks/0dbk553rgd90s.js?dpl=nogit-1790195505","/_next/static/chunks/0aq3eylxphp57.js?dpl=nogit-1790195505","/_next/static/chunks/2srfni4gkx9g6.js?dpl=nogit-1790195505","/_next/static/chunks/3k8iy5tn80za8.js?dpl=nogit-1790195505","/_next/static/chunks/2hccrcvndngge.js?dpl=nogit-1790195505","/_next/static/chunks/3h4suq-9gmzwh.js?dpl=nogit-1790195505","/_next/static/chunks/12mv6p8rwcl5o.js?dpl=nogit-1790195505","/_next/static/chunks/1bt82o91jhwht.js?dpl=nogit-1790195505","/_next/static/chunks/1nnw6yom6-qhh.js?dpl=nogit-1790195505","/_next/static/chunks/2vg15qyptj-oc.js?dpl=nogit-1790195505","/_next/static/chunks/2_vtmw66zj1j7.js?dpl=nogit-1790195505","/_next/static/chunks/0ep4vrgb00zlb.js?dpl=nogit-1790195505","/_next/static/chunks/2s1hkstzlmj2o.js?dpl=nogit-1790195505","/_next/static/chunks/2wp4esku6l29e.js?dpl=nogit-1790195505","/_next/static/chunks/43ajf4ofaeu5y.js?dpl=nogit-1790195505","/_next/static/chunks/1lsxkfxy262n-.js?dpl=nogit-1790195505","/_next/static/chunks/0zg1om_k0m5zv.js?dpl=nogit-1790195505","/_next/static/chunks/1__39-dgg7p8-.js?dpl=nogit-1790195505","/_next/static/chunks/2gb4dscyul4eg.js?dpl=nogit-1790195505","/_next/static/chunks/1y5xmyjgu8grb.js?dpl=nogit-1790195505","/_next/static/chunks/2y341-r8ncizo.js?dpl=nogit-1790195505","/_next/static/chunks/0kpd0j3i_7yor.js?dpl=nogit-1790195505","/_next/static/chunks/1ksyn9m68446d.js?dpl=nogit-1790195505","/_next/static/chunks/0sf7rskx57j6y.js?dpl=nogit-1790195505","/_next/static/chunks/3wqp-h5xnebw9.js?dpl=nogit-1790195505","/_next/static/chunks/3ghbpnibq2fva.js?dpl=nogit-1790195505","/_next/static/chunks/30dopbgd1dkf9.js?dpl=nogit-1790195505"],"TopicFlashcardRunner"] 25:[["$","$L34",null,{"feature":"flashcards"}],"$L35",["$","$L36",null,{"href":"/international-a-level/economics/cie/significance-of-price-elasticity-of-demand-and-of-supply-in-determining-the-extent-of-these-changes/flashcards","label":"2.5.4 significance of price elasticity of demand and of supply in determining the extent of these changes","subjectCode":"international_a_level_economics__cie","surface":"flashcards"}],["$","$L37",null,{"runner":["$","div",null,{"className":"min-h-0 flex-1 overflow-hidden bg-background","children":["$","$L38",null,{"decks":[{"id":"1e7a4ab8-d24a-4668-976b-3c1095eeb771","title":"2.5.4 significance of price elasticity of demand and of supply in determining the extent of these changes Flashcards","topicId":"a6f805df-2e13-4e00-8d51-d9ff9aa2e690","topicSlug":"significance-of-price-elasticity-of-demand-and-of-supply-in-determining-the-extent-of-these-changes","cards":[{"id":"00b0f922-dee4-4ad5-a2f0-e13815ac5cf7","cardType":"basic","points":1,"front":"What does price elasticity of demand measure?","back":"The responsiveness of quantity demanded to a change in price.","mcqOptions":[{"text":"The responsiveness of quantity demanded to a change in price.","correct":true,"explanation":"Price elasticity of demand compares the percentage change in quantity demanded with the percentage change in price, showing how strongly consumers respond to a price movement."},{"text":"The responsiveness of quantity supplied to a change in price.","correct":false,"explanation":"Quantity supplied responding to price defines price elasticity of supply. Price elasticity of demand instead measures how responsive quantity demanded is to a change in price."},{"text":"The responsiveness of price demanded to a change in quantity.","correct":false,"explanation":"This reverses the relationship and treats price as the responding variable. Price elasticity of demand measures the response of quantity demanded to a change in price."},{"text":"The responsiveness of quantity demanded to a change in income.","correct":false,"explanation":"Quantity demanded responding to income is measured by income elasticity of demand. Price elasticity of demand specifically measures its responsiveness to a change in the good’s price."}]},{"id":"7b55f148-ba16-459f-a15f-862524d66e66","cardType":"basic","points":1,"front":"What does price elasticity of supply measure?","back":"The responsiveness of quantity supplied to a change in price.","mcqOptions":[{"text":"The responsiveness of quantity supplied to a change in price.","correct":true,"explanation":"Price elasticity of supply compares the percentage change in quantity supplied with the percentage change in price, indicating how readily producers adjust output."},{"text":"The responsiveness of quantity demanded to a change in price.","correct":false,"explanation":"Quantity demanded responding to price defines price elasticity of demand. Price elasticity of supply instead measures how quantity supplied responds to a change in price."},{"text":"The responsiveness of price supplied to a change in quantity.","correct":false,"explanation":"This reverses the causal relationship and treats price as the response. Price elasticity of supply measures the response of quantity supplied to a change in price."},{"text":"The responsiveness of quantity supplied to a change in costs.","correct":false,"explanation":"A change in production costs shifts the supply curve rather than measuring movement along it. Price elasticity of supply concerns quantity supplied responding to the product’s price."}]},{"id":"2d75c3cd-482b-4dca-994e-8b85efaaddb2","cardType":"basic","points":1,"front":"What happens to price and quantity when the non-shifting curve is inelastic?","back":"Price changes by a large amount, while quantity changes by a small amount.","mcqOptions":[{"text":"Price changes by a large amount, while quantity changes by a small amount.","correct":true,"explanation":"An inelastic stationary curve has a weak quantity response to price. A shift of the other curve therefore produces a relatively large price movement and a small quantity movement."},{"text":"Price changes by a small amount, while quantity changes by a large amount.","correct":false,"explanation":"This describes an elastic stationary curve, where quantity responds strongly. With an inelastic stationary curve, price changes by a large amount while quantity changes by a small amount."},{"text":"Price changes by a large amount, while quantity changes by a large amount.","correct":false,"explanation":"This overlooks the trade-off determined by the stationary curve’s elasticity. Inelasticity limits the quantity response, so the price change is large but the quantity change is small."},{"text":"Price changes by a small amount, while quantity changes by a small amount.","correct":false,"explanation":"A given curve shift must be accommodated through price, quantity, or both. When the stationary curve is inelastic, quantity changes little and price consequently changes substantially."}]},{"id":"b3a3cae9-b476-470b-925f-f4b1d7bfb5e6","cardType":"basic","points":2,"front":"What happens to price and quantity when the non-shifting curve is elastic?","back":"A shift causes a small price change and a large quantity change.","mcqOptions":[{"text":"A shift causes a small price change and a large quantity change.","correct":true,"explanation":"An elastic stationary curve produces a strong quantity response to a modest price movement. Consequently, the new equilibrium differs mainly in quantity rather than price."},{"text":"A shift causes a large price change and a small quantity change.","correct":false,"explanation":"This is the outcome when the stationary curve is inelastic. An elastic stationary curve allows quantity to adjust strongly, producing a large quantity change and a small price change."},{"text":"A shift causes a large price change and a large quantity change.","correct":false,"explanation":"This misses how elasticity divides the effect of a given shift. With an elastic stationary curve, much of the adjustment occurs through quantity, while price changes relatively little."},{"text":"A shift causes a small price change and a small quantity change.","correct":false,"explanation":"An elastic stationary curve does limit the price movement, but it increases rather than limits the quantity response. The resulting quantity change is therefore relatively large."}]},{"id":"9f68fa00-8d69-4ea8-a8a5-80086a790c4a","cardType":"basic","points":1,"front":"Which curve's elasticity determines how a shift splits between price and quantity?","back":"The elasticity of the non-shifting (stationary) curve.","mcqOptions":[{"text":"The elasticity of the non-shifting (stationary) curve.","correct":true,"explanation":"The shifted curve represents the shock, while movement to the new equilibrium occurs along the stationary curve. Its elasticity therefore determines the relative price and quantity changes."},{"text":"The elasticity of the shifting (moving) curve.","correct":false,"explanation":"The shifting curve generates the market shock, but adjustment occurs along the curve that remains stationary. The stationary curve’s elasticity determines how the effect divides between price and quantity."},{"text":"The gradient of the non-shifting (stationary) curve.","correct":false,"explanation":"Gradient depends on the graph’s units and scale, so it is not equivalent to elasticity. The elasticity of the stationary curve determines the split between price and quantity."},{"text":"The elasticity of the price axis (vertical) curve.","correct":false,"explanation":"The price axis is not a demand or supply curve and has no relevant market elasticity. The elasticity of the non-shifting demand or supply curve determines the adjustment."}]},{"id":"6f18f4ee-dbb8-4bb7-8e79-510d615f9318","cardType":"basic","points":2,"front":"Why does an inelastic non-shifting curve cause a large price change after a shift?","back":"Because quantity responds little, most of the shift is absorbed by a large price change.","mcqOptions":[{"text":"Because quantity responds little, most of the shift is absorbed by a large price change.","correct":true,"explanation":"Inelasticity means quantity changes proportionately little when price changes. The market must therefore reach its new equilibrium mainly through a relatively large movement in price."},{"text":"Because quantity responds strongly, most of the shift is absorbed by a large price change.","correct":false,"explanation":"A strong quantity response indicates elasticity and would reduce the required price movement. With an inelastic stationary curve, quantity responds little, so price must change substantially."},{"text":"Because quantity responds little, most of the shift is absorbed by a large quantity change.","correct":false,"explanation":"This contradicts the meaning of inelasticity: quantity cannot absorb much of the adjustment. Most of the shift is instead accommodated by a large price change."},{"text":"Because price responds little, most of the shift is absorbed by a small price change.","correct":false,"explanation":"Inelasticity refers to the limited quantity response, not a limited price response. Since quantity changes little, a large price change is needed to establish the new equilibrium."}]},{"id":"b1114e04-13d7-4326-83d6-0e2b0757cfb5","cardType":"basic","points":2,"front":"Why does an elastic non-shifting curve cause a large quantity change after a shift?","back":"Because an elastic curve is highly responsive, a small price change causes a large quantity change.","mcqOptions":[{"text":"Because an elastic curve is highly responsive, a small price change causes a large quantity change.","correct":true,"explanation":"Elasticity means quantity responds more than proportionately to price. Movement along an elastic stationary curve can therefore accommodate a market shift through substantial quantity adjustment with little price movement."},{"text":"Because an inelastic curve is highly responsive, a small price change causes a large quantity change.","correct":false,"explanation":"This confuses elastic with inelastic responsiveness. An elastic curve is highly responsive, so a small price movement can produce the large quantity change needed for adjustment."},{"text":"Because an elastic curve is barely responsive, a small price change causes a small quantity change.","correct":false,"explanation":"Elasticity implies high, not low, quantity responsiveness. A small price change along an elastic stationary curve causes a relatively large quantity change."},{"text":"Because an inelastic curve is barely responsive, a large price change causes a large quantity change.","correct":false,"explanation":"An inelastic curve produces only a small quantity response even when price moves considerably. The large quantity change occurs because an elastic curve responds strongly to a small price change."}]},{"id":"d93a492a-bb42-4044-b7e1-5ceb1de8d82c","cardType":"basic","points":2,"front":"What happens to the change in quantity and surplus when the relevant curve becomes more elastic?","back":"The change in quantity and surplus becomes larger for a given shift.","mcqOptions":[{"text":"The change in quantity and surplus becomes larger for a given shift.","correct":true,"explanation":"Greater elasticity permits a larger quantity adjustment for the same market shift. The additional mutually beneficial trades increase the associated change in consumer or producer surplus."},{"text":"The change in quantity and surplus becomes smaller for a given shift.","correct":false,"explanation":"This reverses the effect of greater elasticity. A more elastic relevant curve produces a larger quantity response, and the extra units traded create a larger change in surplus."},{"text":"The change in price and surplus becomes larger for a given shift.","correct":false,"explanation":"Greater elasticity generally reduces the required price adjustment while enlarging the quantity adjustment. The larger quantity change and additional trade make the surplus change larger."},{"text":"The change in quantity and surplus remains constant for a given shift.","correct":false,"explanation":"This wrongly assumes elasticity affects neither equilibrium adjustment nor welfare. A more elastic relevant curve generates a larger quantity change and therefore a larger surplus change."}]},{"id":"b76fd142-6300-42c6-84ae-12abd8c7abb3","cardType":"basic","points":2,"front":"For a given fall in price, why does more elastic demand create a larger rise in consumer surplus?","back":"More elastic demand causes a larger rise in quantity bought, so extra units of trade add more consumer surplus.","mcqOptions":[{"text":"More elastic demand causes a larger rise in quantity bought, so extra units of trade add more consumer surplus.","correct":true,"explanation":"With elastic demand, consumers increase purchases strongly when price falls. Consumer surplus rises both from savings on existing purchases and from surplus gained on many additional units."},{"text":"More elastic demand causes a smaller rise in quantity bought, so existing units of trade add more consumer surplus.","correct":false,"explanation":"This reverses the responsiveness of elastic demand. A given price fall causes a larger rise in quantity bought, and the additional units contribute extra consumer surplus."},{"text":"More elastic demand causes a larger rise in price paid, so extra units of trade add more consumer surplus.","correct":false,"explanation":"The scenario specifies a given fall, not a rise, in price. Elastic demand creates a larger increase in quantity bought, allowing extra trades to add consumer surplus."},{"text":"More elastic demand causes a larger fall in quantity bought, so fewer units of trade add more consumer surplus.","correct":false,"explanation":"A price fall moves quantity demanded upward, not downward, along the demand curve. More elastic demand produces a larger rise in purchases and surplus from additional trade."}]},{"id":"38b17052-9201-4836-8e2d-4432bd856e03","cardType":"basic","points":2,"front":"When demand is inelastic, what mainly causes the increase in consumer surplus after a price fall?","back":"The price saving on units already bought, because quantity changes little.","mcqOptions":[{"text":"The price saving on units already bought, because quantity changes little.","correct":true,"explanation":"Inelastic demand means purchases respond weakly to the price fall. Most of the consumer-surplus gain is therefore the lower price paid on units consumers would already have purchased."},{"text":"The surplus gained on additional units bought, because quantity changes greatly.","correct":false,"explanation":"This describes the stronger trade effect under elastic demand. With inelastic demand, quantity changes little, so most consumer-surplus growth comes from savings on existing purchases."},{"text":"The higher price on units already bought, because quantity changes little.","correct":false,"explanation":"A price fall lowers rather than raises what consumers pay. Since inelastic demand causes little quantity adjustment, savings on units already bought provide most of the surplus increase."},{"text":"The price saving on units no longer bought, because quantity changes greatly.","correct":false,"explanation":"Consumers cannot receive a price saving on units they do not buy, and quantity changes little under inelastic demand. The main gain is the saving on existing purchases."}]},{"id":"f3126d54-cb6c-4813-902e-6876674a1d01","cardType":"basic","points":1,"front":"What was the consumer-surplus gain in the inelastic-demand example?","back":"£204","mcqOptions":[{"text":"£204","correct":true,"explanation":"In the inelastic-demand example, combining the saving on units already purchased with the relatively small surplus from additional trades gives a total consumer-surplus gain of £204."},{"text":"£200","correct":false,"explanation":"This counts only the rectangular £200 saving on units already bought and omits £4 of surplus from the small increase in quantity. The complete gain is £204."},{"text":"£240","correct":false,"explanation":"£240 is the gain in the elastic-demand example, where quantity rises more strongly. The inelastic-demand example has a smaller additional-trade effect and a total gain of £204."},{"text":"£196","correct":false,"explanation":"This subtracts the £4 triangular gain from additional trade instead of adding it to the £200 saving on existing purchases. The correct total is £204."}]},{"id":"90add50b-c7cd-4bc7-abd8-fef14b0b6b69","cardType":"basic","points":1,"front":"What was the consumer-surplus gain in the elastic-demand example?","back":"£240","mcqOptions":[{"text":"£240","correct":true,"explanation":"In the elastic-demand example, the price saving on existing purchases plus surplus generated by the larger increase in quantity produces a total consumer-surplus gain of £240."},{"text":"£200","correct":false,"explanation":"This includes only the price saving on units already purchased and ignores surplus from the substantial increase in quantity bought. Including additional trades raises the gain to £240."},{"text":"£204","correct":false,"explanation":"£204 is the gain in the inelastic-demand example, where quantity changes little. The larger quantity response under elastic demand increases the total consumer-surplus gain to £240."},{"text":"£280","correct":false,"explanation":"This likely counts the additional-trade component twice or treats its triangular area as a rectangle. The correctly calculated consumer-surplus gain in the elastic example is £240."}]},{"id":"b970ee33-7717-469e-8e28-ab51ca535d42","cardType":"basic","points":2,"front":"Why did the elastic market gain £240 rather than £204 in the example?","back":"Because its larger rise in quantity bought added surplus from 40 extra units of trade.","mcqOptions":[{"text":"Because its larger rise in quantity bought added surplus from 40 extra units of trade.","correct":true,"explanation":"Elastic demand produces a stronger quantity response to the price fall. Surplus from the 40 additional purchases supplements the saving on existing units, raising the total to £240."},{"text":"Because its smaller rise in quantity bought added surplus from 4 extra units of trade.","correct":false,"explanation":"This substitutes the limited response associated with inelastic demand. In the elastic market, quantity bought rose more substantially, adding surplus from 40 extra units of trade."},{"text":"Because its larger fall in quantity bought added surplus from 40 fewer units of trade.","correct":false,"explanation":"A price fall increases quantity demanded rather than reducing it. Elastic demand caused purchases to rise by 40 units, and surplus on those extra trades raised the gain."},{"text":"Because its larger rise in price paid added surplus from 40 extra units of trade.","correct":false,"explanation":"The example involves a fall in price, so a higher price cannot explain the gain. The £240 total reflects surplus created by a larger rise in quantity bought."}]},{"id":"d8f4d8bd-e6df-4c2f-b661-264abd2c2b20","cardType":"basic","points":2,"front":"How does elasticity help firms and governments predict the effect of a market shock?","back":"It predicts whether price or quantity will change most and the resulting change in consumer and producer surplus.","mcqOptions":[{"text":"It predicts whether price or quantity will change most and the resulting change in consumer and producer surplus.","correct":true,"explanation":"Elasticity indicates how strongly market participants adjust quantity when price changes. It therefore helps forecast the division of a shock between price and quantity and its welfare consequences."},{"text":"It predicts whether demand or supply will shift first and the resulting change in consumer and producer surplus.","correct":false,"explanation":"Elasticity does not identify which curve initiates a shock; that depends on the shock’s cause. It predicts whether price or quantity changes most and the resulting surplus effects."},{"text":"It predicts whether cost or revenue will change most and the resulting change in consumer and producer surplus.","correct":false,"explanation":"Cost and revenue are not the two equilibrium adjustments directly determined by curve elasticity. Elasticity predicts the relative changes in market price and quantity, which then affect surplus."},{"text":"It predicts whether price or quantity will remain fixed and prevents any change in consumer and producer surplus.","correct":false,"explanation":"Elasticity does not generally hold either variable fixed or prevent welfare changes. It indicates which variable changes more after a shock and helps estimate changes in both surpluses."}]},{"id":"879f41fc-d18d-41fb-9b59-95ef7ca16f5c","cardType":"basic","points":2,"front":"How can elasticity show the effect of a supply shift on welfare distribution?","back":"The elasticity of demand determines whether a supply shift mainly changes price, sharply redistributing surplus, or quantity, creating more surplus through extra trade.","mcqOptions":[{"text":"The elasticity of demand determines whether a supply shift mainly changes price, sharply redistributing surplus, or quantity, creating more surplus through extra trade.","correct":true,"explanation":"Demand is the stationary curve after a supply shift. Inelastic demand concentrates adjustment in price and redistributes welfare, while elastic demand permits more quantity adjustment and gains from trade."},{"text":"The elasticity of supply determines whether a supply shift mainly changes price, sharply redistributing surplus, or quantity, creating more surplus through extra trade.","correct":false,"explanation":"After supply shifts, demand is the stationary curve along which equilibrium adjusts. Demand elasticity, not the elasticity of the shifting supply curve, determines the price-quantity split."},{"text":"The elasticity of demand determines whether a supply shift mainly changes quantity, sharply redistributing surplus, or price, creating more surplus through extra trade.","correct":false,"explanation":"This reverses the welfare mechanisms. Large price changes sharply redistribute surplus, whereas large quantity changes create more surplus by enabling additional mutually beneficial trades."},{"text":"The elasticity of demand determines whether a supply shift mainly changes price, creating more surplus through extra trade, or quantity, sharply redistributing surplus.","correct":false,"explanation":"This attaches each welfare effect to the wrong variable. Price movements primarily redistribute surplus between groups, while quantity increases generate additional surplus through extra trades."}]},{"id":"21cbf13a-5611-4cf2-b33e-d4bacaa05fa6","cardType":"cloze","points":null,"front":"A supply shift in an inelastic market mainly changes [ ].","back":"A supply shift in an inelastic market mainly changes price.","mcqOptions":[{"text":"price","correct":true,"explanation":"An inelastic market changes quantity only slightly when supply shifts, so the main adjustment occurs through the equilibrium price."},{"text":"quantity","correct":false,"explanation":"This confuses an inelastic market with an elastic one. Inelasticity means quantity responds relatively little, so a supply shift mainly changes price."},{"text":"total revenue","correct":false,"explanation":"Total revenue may change as price and quantity change, but it is not the main variable described by the sentence. The intended answer is price."},{"text":"consumer surplus","correct":false,"explanation":"Consumer surplus may be affected by the supply shift, but it is a welfare outcome rather than the main market variable changing. In an inelastic market, price changes most."}]},{"id":"970a5cb1-aa8c-4f02-8215-f256e94f00f4","cardType":"cloze","points":null,"front":"A supply shift in an elastic market mainly changes [ ].","back":"A supply shift in an elastic market mainly changes quantity.","mcqOptions":[{"text":"quantity","correct":true,"explanation":"With elastic supply, producers can respond substantially to a change in price, so the main effect of the supply shift is a relatively large change in quantity rather than price."},{"text":"price","correct":false,"explanation":"Price is the main effect when supply is inelastic, because firms cannot adjust output much. With elastic supply, the supply shift mainly changes quantity, producing a smaller price change."},{"text":"revenue","correct":false,"explanation":"Revenue may change as a consequence of altered price and quantity, but it is not the direct market adjustment identified by elasticity. Elastic supply mainly changes quantity."},{"text":"demand","correct":false,"explanation":"A supply shift does not directly change demand, which represents consumers’ willingness to buy. In an elastic market, the main resulting change is in quantity supplied and traded."}]},{"id":"0ab9a7b1-41ac-4b0e-83e9-840cce4d9939","cardType":"cloze","points":null,"front":"In the inelastic-demand example, quantity increased from 100 to [ ] units.","back":"In the inelastic-demand example, quantity increased from 100 to 104 units.","mcqOptions":[{"text":"104","correct":true,"explanation":"In the inelastic-demand example, quantity rises only slightly from 100 to 104 units because consumers are relatively unresponsive to the price change."},{"text":"102","correct":false,"explanation":"This represents an even smaller quantity response than the example gives. The inelastic-demand calculation increases quantity from 100 to 104 units, reflecting limited but measurable responsiveness."},{"text":"120","correct":false,"explanation":"This implies a much larger response than the inelastic example supports. Inelastic demand causes only a small quantity increase, from 100 to 104 units."},{"text":"140","correct":false,"explanation":"This is the quantity associated with the elastic-demand example, where consumers respond strongly. In the inelastic-demand example, quantity increases only from 100 to 104 units."}]},{"id":"132ef41c-ea88-466d-a062-d11eb532cffc","cardType":"cloze","points":null,"front":"In the elastic-demand example, quantity increased from 100 to [ ] units.","back":"In the elastic-demand example, quantity increased from 100 to 140 units.","mcqOptions":[{"text":"140","correct":true,"explanation":"In the elastic-demand example, quantity increases substantially from 100 to 140 units because consumers respond strongly to the change in price."},{"text":"104","correct":false,"explanation":"This is the limited response shown by the inelastic-demand example. Elastic demand produces a much larger quantity increase, from 100 to 140 units."},{"text":"120","correct":false,"explanation":"This quantity reflects a moderate response, but the elastic-demand example shows a larger increase. Quantity rises by 40 units, reaching 140 rather than 120."},{"text":"160","correct":false,"explanation":"This overstates the quantity response by adding 60 rather than 40 units to the original 100. The elastic-demand example reaches 140 units."}]},{"id":"7829b316-a3a1-48cd-9976-cd0ceb030339","cardType":"cloze","points":null,"front":"In the long run, demand and supply are generally more [ ].","back":"In the long run, demand and supply are generally more elastic.","mcqOptions":[{"text":"elastic","correct":true,"explanation":"Over a longer period, consumers and producers have more time to adjust their behaviour, find substitutes, change production methods, or enter and leave markets, making demand and supply more elastic."},{"text":"inelastic","correct":false,"explanation":"Inelasticity is more typical in the short run, when adjustment takes time. In the long run, consumers and producers can respond more fully, so demand and supply become more elastic."},{"text":"constant","correct":false,"explanation":"Elasticity is not generally constant over time because adjustment opportunities expand. In the long run, more available substitutes and production flexibility make demand and supply more elastic."},{"text":"unitary","correct":false,"explanation":"Unitary elasticity means a one-percent change in price causes an equal percentage change in quantity. The long-run tendency is greater responsiveness, so demand and supply are more elastic."}]}]}],"examCountdown":null,"heading":"2.5.4 significance of price elasticity of demand and of supply in determining the extent of these changes","title":"2.5.4 significance of price elasticity of demand and of supply in determining the extent of these changes Flashcards","topbar":{"backHref":"/international-a-level/economics/cie/flashcards"},"topicSidebar":"$L39"}]}],"topicId":"a6f805df-2e13-4e00-8d51-d9ff9aa2e690","walled":"$L3a"}],"$L3b","$L3c"]