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Elasticity of Demand Analysis Worksheet

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joshivijaya27011980
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36 views1 page

Elasticity of Demand Analysis Worksheet

Uploaded by

joshivijaya27011980
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Worksheet 1: Missing information

Use the information in the elasticity of demand column to comment on and explain the sign and value.

Sr. Elasticity of Comment – sign Comment – value Explanation – sign Explanation – value
No. demand

1. PED = – 1.5

2. PED = – 0.8

3. MED = + 1.2

4. MED = + 0.3

5. MED = – 1.2

6. CED = + 0.5

7. CED = + 2.5

8. CED = – 0.75

9. CED = – 1.25

10. CED = 0

11. MED = 0

© Cambridge University Press & Assessment 2024 v2 1

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