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ZIMSEC A-Level Economics

4.3Price elasticity of supply

Price elasticity of supply in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 4.3.1Calculate price elasticity of supply, analyse its determinants and evaluate its importance.

Lessons

  • Price elasticity of supply

    40 min

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Sample question

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Price elasticity of supply: sample question

1 mark

A price rise of 20% leads to a rise in quantity supplied of 10%. Supply is

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