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ZIMSEC O-Level Economics

6.6.4Elasticity of supply

Elasticity of supply in ZIMSEC O-Level 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.

  1. 6.6.4.1Form 4: explain and calculate price elasticity of supply, interpret its value, describe its determinants and its significance in real situations.

Lessons

  • Price elasticity of supply

    30 min

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Sample question

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Elasticity of supply: sample question

1 mark

The PES for a good is 0.4. Supply is

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