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May–June 2022 Assessment Window 4EC1
Demand (b) The use of demand curve diagram (c) Factors that may cause a shift in the demand curve Supply (e) The use of supply curve diagram Market equilibrium (i) Define, calculate and draw excess demand and excess supply ; 1.1.4 Elasticity : Price elasticity of demand (PED) (e) Interpret numerical values of PED Price elasticity of supply (PES)
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