CSEC Economics
Price Elasticity of Demand
Review Activity
Using the data shown in the table below about demand for smartphones, calculate the price
elasticity of demand from the following points, rounding your answer to TWO decimal places:
i.
A to B
ii.
B to C
iii.
C to D
iv.
D to E
v.
E to F
vi.
F to G
vii.
G to H
viii.
H to I
Remember to show working!
Point
Price ($)
Quantity Demanded
A
60
3,000
B
70
2,800
C
80
2,600
D
90
2,400
E
100
2,200
F
110
2,000
G
120
1,800
H
130
1,600
I
140
1,400