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ZIMSEC O-Level Economics

6.5.3Elasticity of demand

Elasticity of demand in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic70 practice questions4 lessons

In this topic

Lessons

  • Price elasticity of demand: calculating and interpreting PED

    30 min

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  • What makes demand elastic or inelastic

    20 min

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  • PED, consumer spending and total revenue

    30 min

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  • Income elasticity and cross elasticity of demand

    30 min

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Sample question

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Elasticity of demand: sample question

1 mark

The income elasticity of demand for a good is −0.6. The good is

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