St. Martin Montessori School, Inc.

Questionnaire No.:

No. of Items:
4th SUMMATIVE ASSESSMENT
APPLIED ECONOMICS Least Passing Score (60%):
SY 2022-2023

GENERAL INSTRUCTIONS: Read and understand each item carefully. Follow the instructions in answering the test.
Write your answers in your Test Booklet. Do not write anything on the questionnaires.
I. EASY
A. Match column A to Column B

A. B.
1. elastic a. 1
2. inelastic b. 0
3. unitary c. > 1 but less than the infinity
4. perfectly inelastic d. < 1 but greater than 0
5. perfectly elastic e. infinity (undefined)
6. Demand elasticity f. change in % Qd /% change in P
7. Midpoint Formula g. Qd-Q1/Q1/ P2-P1/P1
8. Qd1 e. new quantity
9. Qd2 f. old quantity
10. P2 g. new price

ll. AVERAGE: Elasticity of Demand

COMPUTE FOR THE ELASTICITY OF DEMAND:
HALIMBAWA: noong 2015, ang presyo ng pamasahe ng eroplano papuntang Legaspi City ay Php 9,500, habang noong 2016,
tumaas ito sa halagang Php10,700. mayroong tinatayang 5,500 na pasahero noong 2015, habang bumababa naman sa
Php4,850 ang pasahero noong 2016. 
11-15. ibigay yung mga given: Q1, Q2, P1 and P2 (5 ponts)
16-25. compute (3 decimal points/change into percentage) 10 points
26-30. ilagay ang data sa graph (make a graph) 5 points/ interval of 500 starts at 9000 – 11,000 (P)/ 4000-6000 interval of
500(Qd)
31-35. Ano ang elasticity of demand. explain kung bakit ito ang elasticity of demand niya. 5-point

lll. Essay: Answer the following questions:36-45

1. What is the elasticity of Demand? What is the importance of Elasticity of demand? How do we compute for the elasticity of demand give
example.

Rubrics:

Prepared by: Checked by: Approved by:

MR. ERNESTO C. BELARO MR. CHRISTIAN A. DE GUZMAN MRS. LYDIA P. DE GUZMAN

Teacher HS Department Coordinator SMMS ASST. PRINCIPAL