IGCSE Economics Formula list Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about IGCSE Economics Formula list? On this page you'll find 1 study documents about IGCSE Economics Formula list.
All 1 results
Sort by
-
IGCSE Economics Formula list
- Exam (elaborations) • 2 pages • 2023
-
- $6.69
- + learn more
price elasticity of demand - correct answer% change in quantity demanded / % change in price 
 
price elasticity of supply - correct answer% change in quantity supplied / % change in price 
 
% change in quantity demanded/quantity supplied - correct answerNew quantity-Old Quantity/Old quantity *100 
 
%change in price - correct answerNew price-Old price/Old price*100 
 
Social cost(economical use of resources) - correct answerprivate cost + external cost 
 
Social benefit(uneconomical use of res...
Fear of missing out? Then don’t!
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia