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Marketing
Quick questions on Marketing strategy and elasticity - Eduqas A-Level Business
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
A price rise of causes quantity demanded to fall by . Calculate the PED and state whether demand is elastic or inelastic. [3 marks]
What is q2?Show answer
Explain why a firm would want its product to have inelastic demand. [3 marks]
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