plumiPrice, income and cross elasticities of demand: AQA A‑Level Economics questions
Every AQA A-Level Economics exam question on 4.1.3.2 Price, income and cross elasticities of demand, 2020–2025, with its mark scheme and examiner’s report.
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![June 2024 AS Paper 1, question 15: The cross elasticity of demand for Good R is –0.5 with respect to the price of Good S. If the price of Good S falls by 20%, demand for Good R will [1 mark] A fa](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71351-jun24-a-15-qp.webp)
![June 2024 AS Paper 1, question 19: Figure 3 shows a firm’s demand curve (D). Figure 3 If the firm raises its price from £3 to £5, demand is [1 mark] A price elastic and total revenue will fall. B](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71351-jun24-a-19-qp.webp)
![June 2023 AS Paper 1, question 18: The income elasticity of demand for cheese sandwiches is –1.2. This means that cheese sandwiches [1 mark] A are a normal good. B are an inferior good. C have an](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71351-jun23-a-18-qp.webp)
![June 2023 AS Paper 1, question 21: Define ‘price elasticity of demand’ Extract B (lines 5–6). [3 marks] Context 1 Total for this context: 50 marks OIL Extract A: Brent crude oil prices, 2013–2020](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71351-jun23-c1-21-qp.webp)
![November 2021 Paper 1, question 11: Explain how the concept of cross elasticity of demand can be used to understand the relationship between markets. [15 marks] Essay 2 Vaping, the use of e-cigare](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71361-nov21-e2-11-qp.webp)
All 20 questions on Price, income and cross elasticities of demand, as a list
- June 2025, Paper 1, Q03 (9 marks): Extract B (line 19) states: ‘In Nigeria, the demand for rice is very price inelastic’. With the help of a diagram, explain how the Indian export ban is likely t
- June 2025, AS Paper 1, Q15 (1 mark): Table 2 shows the weekly demand for two products, apples and pears, before and after a change in the price of pears. Table 2 Price of apples (£/kg) Price of pea
- June 2025, AS Paper 1, Q30 (4 marks): Extract E (lines 7–8) states: ‘with more people working from home, having your own coffee machine is now more common.’ Draw a diagram to show the impact on tota
- June 2024, Paper 3, Q04 (1 mark): A household's annual income increases from £35 000 to £38 500. All other things being equal, if the household's income elasticity of demand for Good X is –0.2 a
- June 2024, AS Paper 1, Q15 (1 mark): The cross elasticity of demand for Good R is –0.5 with respect to the price of Good S. If the price of Good S falls by 20%, demand for Good R will [1 mark] A fa
- June 2024, AS Paper 1, Q19 (1 mark): Figure 3 shows a firm’s demand curve (D). Figure 3 If the firm raises its price from £3 to £5, demand is [1 mark] A price elastic and total revenue will fall. B
- June 2023, Paper 3, Q03 (1 mark): Table 1 shows the price of a packet of peanuts and the number of packets of cashew nuts sold in a shop in one month. The price of a packet of cashew nuts is unc
- June 2023, AS Paper 1, Q02 (1 mark): A bakery decides to increase the price of the bread that it sells. Which one of the following price elasticities of demand for bread will result in the largest
- June 2023, AS Paper 1, Q18 (1 mark): The income elasticity of demand for cheese sandwiches is –1.2. This means that cheese sandwiches [1 mark] A are a normal good. B are an inferior good. C have an
- June 2023, AS Paper 1, Q21 (3 marks): Define ‘price elasticity of demand’ Extract B (lines 5–6). [3 marks] Context 1 Total for this context: 50 marks OIL Extract A: Brent crude oil prices, 2013–2020
- June 2022, Paper 3, Q08 (1 mark): Figure 3 shows the demand curve for a firm’s scarves. Figure 3 Which one of the following statements is true when the price of scarves is reduced from £30 to £2
- June 2022, Paper 3, Q32 (15 marks): Explain the factors that a commercial aircraft manufacturer, such as Boeing or Airbus, should consider when forecasting the future sales of its aircraft. [15 ma
- June 2022, AS Paper 1, Q04 (1 mark): A government decides to increase its subsidy to rail services to encourage more people to travel by rail. The subsidy is most likely to be successful if rail tr
- June 2022, AS Paper 1, Q17 (1 mark): The cross elasticity of demand for chips with respect to the price of rice is positive. It can be concluded that chips and rice are A inferior goods. B jointly
- June 2022, AS Paper 1, Q28 (4 marks): According to Extract E (lines 6–7), the price of a standard bottle of whisky had to rise from £10 to £14 in a discount supermarket, as a result of minimum unit
- November 2021, Paper 1, Q11 (15 marks): Explain how the concept of cross elasticity of demand can be used to understand the relationship between markets. [15 marks] Essay 2 Vaping, the use of e-cigare
- November 2021, Paper 3, Q20 (1 mark): A monopolistically competitive firm’s demand curve for good X has a price elasticity of demand of minus 1.0 throughout its entire range. All other things being
- November 2020, Paper 3, Q15 (1 mark): Figure 4 shows a firm’s demand (D) curve and its marginal revenue (MR) curve for good X. The firm initially sells OQ1 units of X per day at a price of OP1. Figu
- November 2020, AS Paper 1, Q04 (1 mark): Table 1 shows the prices and quantities of rice and pasta sold in a supermarket in one month. Table 1 Price of rice Quantity of rice (000s packets) Price of pas
- November 2020, AS Paper 1, Q13 (1 mark): A firm producing frozen foods has collected statistics on recent trends in sales of oven chips, as shown in Table 3. Table 3 Year Average number of bags of oven
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