9708/12 Economics May Jun 2023 Online Test | Cambridge AS and A Level MCQ
CIE
AS & A Level
Economics (9708)
شهریور
2023
مشاهده نمونه سوال
شامل مباحث:
UNIT 1: Basic economic ideas and resource allocation
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Neda Bani The market for tractors is supplied by two firms, X and Y, each initially having 50% of the market.
A 10 % increase in the price of tractors leads to an increase in output from firm X of 10 % and from firm Y of 20%.
What is the price elasticity of supply of tractors in this market?
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