What this practice covers
These questions are drawn from past Cambridge IGCSE papers and filtered to price elasticity of demand. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
Start practising Paper 1 MCQs →
What examiners see students get wrong here
These are the errors that cost marks on price elasticity of demand, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Dividing the wrong way round. Quantity goes on top, price on the bottom.
- Saying a price rise always increases revenue, it depends on elasticity.
- Confusing elastic with inelastic. Elastic means demand changes a lot.
- Calculating PED correctly and then not explaining what it means.
- Forgetting that the same good can have different elasticity over different time periods.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Price Elasticity of Demand revision notes.