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Price elasticity of supply (PES)

2.8

What the syllabus asks of you

  • definition of PES
  • calculation of PES Calculation of PES using the formula and interpreting the significance of the result. Drawing and interpretation of supply curve diagrams to show different PES.
  • determinants of PES The key influences on whether supply is elastic or inelastic.
  • significance of PES The implications for decision making by consumers, producers and government.

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Chapter 2: Price elasticity of supply (PES)

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16 questions

1May / June 2026 · Paper 11 · Q6
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2Oct / Nov 2025 · Paper 12 · Q7
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3May / June 2025 · Paper 11 · Q8
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4May / June 2025 · Paper 12 · Q8
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5Oct / Nov 2024 · Paper 11 · Q7
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6May / June 2024 · Paper 12 · Q8
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7Oct / Nov 2023 · Paper 11 · Q7
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8Oct / Nov 2023 · Paper 11 · Q10
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9Oct / Nov 2023 · Paper 12 · Q6
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10May / June 2023 · Paper 11 · Q6
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11May / June 2022 · Paper 11 · Q9
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12May / June 2021 · Paper 11 · Q8
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13May / June 2021 · Paper 12 · Q8
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14Oct / Nov 2020 · Paper 11 · Q7
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15Oct / Nov 2020 · Paper 12 · Q7
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16May / June 2020 · Paper 11 · Q7
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