Gce Model Questions Vol1 2019 Economics Question 19
Practice objective / multiple choice question 19 from the 2019 Gce Model Questions Vol1 Economics examination.
The demand for a good is linear between the two observed points \(P=10,\;Q=100\) and \(P=12,\;Q=80\). Calculate the price elasticity of demand at the price \(P=10\). Express your answer as a decimal (include the negative sign).
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About This Question
This is Gce Model Questions Vol1 2019 Economics Question 19. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Economics examination.
Difficulty level: Easy .
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