plumiElasticity: OCR A‑Level Economics questions
Every OCR A-Level Economics exam question on 2.6 Elasticity, 2021–2025, with its mark scheme and examiner’s report.
Find questions478
Exam
All years
Calculations
Your answer
Your answer
Your answer
Your answerQ16(d)(i)
The whole paper ↗
Your answer
Your answerQ16(b)(ii)
The whole paper ↗![June 2024 AS Paper 1, question 16(b)(ii): Using the income elasticity value (line 25), explain how a fall in income will affect the demand for oat milk. [2]](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/h06001-jun24-16-bii-qp.webp)
Q16(d)(i)
The whole paper ↗![June 2024 AS Paper 1, question 16(d)(i): Using the value of cross elasticity of demand (lines 20–21), explain the relationship between oat milk and dairy milk. [2]](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/h06001-jun24-16-di-qp.webp)
Your answer![June 2023 AS Paper 1, question 2: What is the income elasticity of demand if a 10% increase in consumer income leads to a 40% decrease in quantity demanded? A –4.00 B –0.25 C +0.25 D +4.00 [1]](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/h06001-jun23-02-qp.webp)
Your answer
Your answer
Your answer
Your answer
Your answer
Your answerQ16(b)(ii)
The whole paper ↗![June 2023 AS Paper 1, question 16(b)(ii): Explain what the price elasticity of supply is likely to be for flour. [2]](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/h06001-jun23-16-bii-qp.webp)
Q1(c)
The whole paper ↗![June 2022 Paper 1, question 1(c): Refer to lines 40–42. Calculate the percentage change in price required to achieve a 6.5% fall in demand for petrol in the short run. [2]](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/h46001-jun22-01-c-qp.webp)
All 29 questions on Elasticity, as a list
- June 2025, Paper 1, Q3 (25 marks): 3* The price of oil rose to $79.90 per barrel in July 2023. Over the same period, food price inflation reached 13.4% in the UK. Evaluate, using an appropriate d
- June 2025, Paper 3, Q7 (1 mark): The price elasticity of supply (PES) of tomatoes is 0.2. At a price of £2.40 per Kg the supply of tomatoes is 130 000 Kg. What would be the new quantity of toma
- June 2025, Paper 3, Q34 (15 marks): 34* Evaluate, using an appropriate diagram(s) and the information in Extract 2, the impact on the tourism market in Manchester of the introduction of a specific
- June 2025, AS Paper 1, Q5 (1 mark): A bottled water firm sells 600 bottles of water every week at a price of 80p. The price elasticity of demand for bottled water is –1.5. What is the change in we
- June 2025, AS Paper 1, Q6 (1 mark): A change in price will usually result in a change in quantity demanded. The size of this change will be determined by the: A elasticity of demand B opportunity
- June 2025, AS Paper 1, Q12 (1 mark): The table shows the price of good A and the quantity demanded for good B, a competitive good. Price of Good A Quantity Demanded of Good B £160 500 £200 560 What
- June 2025, AS Paper 1, Q16(d)(i) (4 marks): Using the information on income and elasticity of demand in the extract, explain the likely effect of a continuing fall in real income on electric car producers
- June 2024, Paper 3, Q5 (1 mark): As a result of a 12% reduction in the price of Good A, the quantity demanded of Good B increased by 3%. What is the relationship between the two goods? A Strong
- June 2024, AS Paper 1, Q13 (1 mark): The price of fidget toys was £5 and the quantity supplied at this price was 2750 units. The price of fidget toys has now increased to £6.25, and the quantity su
- June 2024, AS Paper 1, Q16(b)(ii) (2 marks): Using the income elasticity value (line 25), explain how a fall in income will affect the demand for oat milk. [2]
- June 2024, AS Paper 1, Q16(d)(i) (2 marks): Using the value of cross elasticity of demand (lines 20–21), explain the relationship between oat milk and dairy milk. [2]
- June 2023, Paper 3, Q4 (1 mark): 650 units of a good are demanded by consumers. If the income elasticity of demand is 0.4, what will the new quantity demanded of the good be if income decreases
- June 2023, AS Paper 1, Q2 (1 mark): What is the income elasticity of demand if a 10% increase in consumer income leads to a 40% decrease in quantity demanded? A –4.00 B –0.25 C +0.25 D +4.00 [1]
- June 2023, AS Paper 1, Q5 (1 mark): The diagrams show the relationship between price and quantity supplied of a product. Which supply curve shows unit price elasticity of supply along the curve? A
- June 2023, AS Paper 1, Q10 (1 mark): When will a subsidy have the most effect on quantity demanded? A Demand is perfectly inelastic B Demand is elastic C Demand is inelastic D Demand is unitary ela
- June 2023, AS Paper 1, Q11 (1 mark): Which of these defines an inferior good? A Quantity demanded decreases when incomes decrease B Quantity demanded decreases when incomes increase C Quantity dema
- June 2023, AS Paper 1, Q12 (1 mark): The price elasticity of demand of widgets is –1.0. If the firm raises the price of widgets by 5%, this is likely to have what impact on the firm’s total revenue
- June 2023, AS Paper 1, Q13 (1 mark): The quantity demanded for oranges falls from 600 to 300 when the price of apples falls by 25%. In relation to the price of apples, what is the cross elasticity
- June 2023, AS Paper 1, Q16(b)(ii) (2 marks): Explain what the price elasticity of supply is likely to be for flour. [2]
- June 2022, Paper 1, Q1(c) (2 marks): Refer to lines 40–42. Calculate the percentage change in price required to achieve a 6.5% fall in demand for petrol in the short run. [2]
- June 2022, Paper 3, Q14 (1 mark): The diagrams below show how the markets for goods X and Y respond to a change in one of the determinants of demand. What might it be possible to conclude from t
- June 2022, Paper 3, Q17 (1 mark): Which elasticity is the availability of stock of the product likely to impact? A Cross elasticity of demand B Income elasticity of demand C Price elasticity of
- June 2022, AS Paper 1, Q2 (1 mark): The quantity supplied of a product is 2000 when its price is £40. If price elasticity of supply is 0.8, what will be the quantity supplied when price rises to £
- June 2022, AS Paper 1, Q5 (1 mark): The diagrams below show the relationship between price and quantity supplied of a product. Diagram A Price S Quantity supplied Diagram B Price S Quantity suppli
- June 2022, AS Paper 1, Q7 (1 mark): The table below shows the change in the demand for a product given a change in income. What type of good does this information indicate the product is? Quantity
- June 2022, AS Paper 1, Q13 (1 mark): If the cross elasticity of demand between two goods is –1.2 what are the two goods? A Complements B Inferior C Substitutes D Unrelated [1]
- June 2022, AS Paper 1, Q17 (20 marks): 17* The price elasticity of demand for bread is inelastic while for designer watches it is elastic. Evaluate, using an appropriate diagram(s), the factors that
- November 2021, Paper 1, Q1(e) (8 marks): Evaluate two factors which may determine the value of the price elasticity of demand for air travel. [8]
- November 2021, Paper 3, Q4 (1 mark): In 2020 Sony announced the launch of the PlayStation 5 games console. It was estimated that at a price of £500 Sony would sell 87 million consoles. Analysts sug
Questions, mark schemes and examiner’s reports are © OCR, from their published past papers. Plumi isn’t affiliated with any exam board. Want whole papers? Full past papers.
Rather write your answers by hand on iPad? Plumi marks them against the same mark schemes.