Edexcel A-level Economics A 9EC0 · 1.2.3c
Interpreting values of elasticities of demand
- Code
- 1.2.3c
- In
- 1.2.3 Price, income and cross elasticities of demand
- Topic
- 1 Introduction to markets and market failure
- Course
- A-level Economics A 9EC0
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 1.2.3 Price, income and cross elasticities of demand
- 1.2.3a Meaning of price, income and cross elasticities
- 1.2.3b Calculating elasticities of demand
- 1.2.3c Interpreting values of elasticities of demand
- 1.2.3d The factors influencing elasticities of demand
- 1.2.3e Significance of elasticities of demand
- 1.2.3f The relationship between price elasticity of demand and total revenue (including calculation)