Cambridge IGCSE Economics
2.7Price elasticity of supply (PES)
Price elasticity of supply (PES) in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic20 practice questions1 lesson
Learning objectives
What the syllabus expects you to be able to do.
- 2.7.1Define price elasticity of supply.
- 2.7.2Calculate PES with the formula, interpret its value and draw supply curves showing different PES.
- 2.7.3Explain the main influences on whether supply is elastic or inelastic.
Lessons
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Price elasticity of supply
30 min
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Sample question
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Turn Price elasticity of supply (PES) into a strength.
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