Economics (AS & A Level) · Oct / Nov 2021 · Paper 11 · Question 6

9708Price elasticity, income elasticity and cross elasticity of demand

When the supply of a good decreases, equilibrium price stays the same. What is the price elasticity of demand of the good?

1. A–1
2. Bzero
3. C+1
4. Dinfinite

As printed in the paper

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