CIPS Exam A6 Topic 2 Question 79 Discussion

Actual exam question for CIPS's A6 exam

Question #: 79
Topic #: 2

[All A6 Questions]

Which of the following relationships best describes a small change in demand as a result of a large change in price? (2 marks)

AInelastic

BExplicit

CImplicit

DElastic

Show Suggested Answer

Suggested Answer: A

by Roxane at Aug 02, 2025, 03:44 PM

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Marsha

15 days ago

Hmm, I'm not so sure. D) Elastic seems more fitting. Who wants to have an 'inelastic' relationship with their price anyway? Sounds a bit too rigid for my liking.

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Lavera

23 days ago

I think the answer is A) Inelastic. A small change in demand due to a large change in price sounds like the definition of inelastic demand to me.

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