How many Price elasticity of supply questions are there for 9708?

This page collects 3 recent Cambridge Economics (9708) past-paper questions tagged to Price elasticity of supply. Each links straight to instant marking against the official 9708 scheme.

How are Price elasticity of supply answers marked?

Type or photograph your working and MarkScheme scores it against the real 9708 mark scheme for this topic — method, accuracy and any band descriptors — so you see exactly where the marks are.

Where can I learn Price elasticity of supply first?

Start with the free Economics lesson on Price elasticity of supply, then come back and drill past-paper questions under timed conditions.

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9708 · topic questions

Price elasticity of supply

Economics3 questions

3 past-paper questions on Price elasticity of supply

9708/21 · May/June 202412 marks
Assess the extent to which price elasticity of supply or cross elasticity of demand is most useful to businesses.
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9708/22 · May/June 202512 marks
Assess the extent to which knowledge of a product's price elasticity of supply is the most useful measure of elasticity to a firm…
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9708/21 · October/November 202412 marks
Assess whether the supply of agricultural products is likely to be more price elastic or less price elastic than the supply of…
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Question stems are shortened previews. Open a question to attempt the full version and have it marked.

Worked example

What a lost mark actually looks like

This answer reaches the right coordinates and still drops a mark — the conclusion is stated, but never justified. Examiners pay for the reasoning, not the answer.

MARKED

80%

Strong

M1dy/dx = 3x^2 - 12x + 9M1 earned
M1(x - 1) $(x - 3) = 0$ M1 earned
A1 $x = 1$ or $x = 3$ A1 earned
B1(1, 5) is a maximum and (3, 1) is a minimumB1 not earned

B1 — withheld
You stated the nature of each point correctly, but stated it without justification. This mark needs the reasoning shown — either evaluate the second derivative (d²y/dx² = 6x − 12, giving −6 at $x = 1$ and +6 at $x = 3$ ) or show a sign change of dy/dx either side of each point. An unsupported assertion earns nothing here even when the conclusion is right.

Price elasticity of supply (9708) past-paper questions — marked instantly

These are real Cambridge Economics past-paper questions on Price elasticity of supply. Open one, attempt it, then upload your working — MarkScheme grades it against the official 9708 mark scheme so you see exactly where the marks are won and lost on this topic.

Mark your answer →Learn Price elasticity of supply 9708 grade boundaries

Frequently asked questions

How many Price elasticity of supply questions are there for 9708?: This page collects 3 recent Cambridge Economics (9708) past-paper questions tagged to Price elasticity of supply. Each links straight to instant marking against the official 9708 scheme.
How are Price elasticity of supply answers marked?: Type or photograph your working and MarkScheme scores it against the real 9708 mark scheme for this topic — method, accuracy and any band descriptors — so you see exactly where the marks are.
Where can I learn Price elasticity of supply first?: Start with the free Economics lesson on Price elasticity of supply, then come back and drill past-paper questions under timed conditions.