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International House, 124 Cromwell Road, Kensington, SW7 4ET 0207 060 4494 www.expert-tuition.co.uk A-Level Edexcel Economics: Elasticities Mark Scheme

A-Level Edexcel Economics: Elasticities Mark Scheme · Definition of income elasticity of demand or formula (the responsiveness of demand for a good due to a change in income or %AD

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Page 1: A-Level Edexcel Economics: Elasticities Mark Scheme · Definition of income elasticity of demand or formula (the responsiveness of demand for a good due to a change in income or %AD

I n t e r n a t i o n a l H o u s e , 1 2 4 C r o m w e l l R o a d , K e n s i n g t o n , S W 7 4 E T 0 2 0 7 0 6 0 4 4 9 4 w w w . e x p e r t - t u i t i o n . c o . u k

A-LevelEdexcelEconomics:ElasticitiesMarkScheme

Page 2: A-Level Edexcel Economics: Elasticities Mark Scheme · Definition of income elasticity of demand or formula (the responsiveness of demand for a good due to a change in income or %AD

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Page 3: A-Level Edexcel Economics: Elasticities Mark Scheme · Definition of income elasticity of demand or formula (the responsiveness of demand for a good due to a change in income or %AD

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