Edexcel International GCSE (9–1) Economics (Modular) 4XEC1 · 1.1.4.e
Interpreting values of price elasticity of demand
- Code
- 1.1.4.e
- In
- 1.1.4 Elasticity
- Topic
- 1 Microeconomics and Business Economics
- Course
- International GCSE (9–1) Economics (Modular) 4XEC1
- 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 1.1.4 Elasticity
- 1.1.4.a Definition of PED
- 1.1.4.b Formula of PED
- 1.1.4.c Calculating price elasticity of demand
- 1.1.4.d The use of diagrams to show price elastic and price inelastic demand
- 1.1.4.e Interpreting values of price elasticity of demand
- 1.1.4.f Factors influencing price elasticity of demand
- 1.1.4.g Total revenue and price elasticity of demand
- 1.1.4.h Definition of PES
- 1.1.4.i Formula of PES
- 1.1.4.j Calculating price elasticity of supply
- 1.1.4.k The use of diagrams to show price elastic and price inelastic supply
- 1.1.4.l Interpreting values of price elasticity of supply
- 1.1.4.m Factors influencing price elasticity of supply
- 1.1.4.n Supply elasticity of manufactured and primary products
- 1.1.4.o Definition of income elasticity of demand
- 1.1.4.p Formula of income elasticity of demand
- 1.1.4.q Calculating income elasticity of demand
- 1.1.4.r Interpreting values of income elasticity of demand
- 1.1.4.s Significance of elasticities for businesses and government