Roughwork for IB Diploma students
Economics · Elasticity and revenueSign in
₹10₹20₹30₹40100200300pricecups a dayDemand for chai₹20100₹2,000Asha
₹20 × 100 = ₹2,000 a day
2.5 · Price elasticity of demand (PED)

Elasticity and revenue

Prof. Inkwell