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Social Studies · 11–12

Price Elasticity of Demand Worksheet with Answer Key

This Grade 11–12 economics worksheet teaches students how to calculate and interpret price elasticity of demand.

$5.50Instant download · USD · PDF

This Grade 11–12 economics worksheet teaches students how to calculate and interpret price elasticity of demand. It includes examples, classification of elastic and inelastic goods, original-value and midpoint methods, open-response questions, and a complete teacher answer key.

14 pagesof ready-to-use material · PDF
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What you’ll teach

Clear goals. Useful learning.

  • Students will calculate price elasticity of demand using percentage changes.
  • Students will distinguish between elastic, inelastic, and unit elastic demand.
  • Students will interpret the negative sign and absolute value of elasticity results.
  • Students will explain how substitutes, necessity, income share, and time horizon affect elasticity.
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Pairs well with this resource

Price Elasticity of Demand Worksheet with Answer KeyThis resource · $5.50
Total for 3 resources$16.50