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Hkcee Econ Past Paper By Topic Apr 2026

The price of good X increases from $10 to $12, and the quantity demanded decreases from 500 units to 400 units.

a) Calculate the PED for good X. (Show steps) b) Is demand elastic or inelastic? Explain. c) What happens to total revenue? Show your calculation. (Answer: PED = -1; Unit elastic; Total revenue unchanged – $5,000 before and after.) hkcee econ past paper by topic

A BUILDING A Rector, Department of Communications, Department of Education, FCT Dean’s Office, Centre for Information Services

B BUILDING B Department of R&D, Dean’s Offices: FET, FFBT, FCE, Computer Centre, Department of International Relations, Bursar

C BUILDING C Crèche Zkumavka, General Practitioner, Department of Economics and Management, Department of Mathematics

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