CIPS A6 Exam - Topic 4 Question 89 Discussion

Actual exam question for CIPS's A6 exam

Question #: 89
Topic #: 4

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 Melda at May 04, 2026, 08:27 PM

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3 days ago

I'm not entirely sure, but I feel like D) Elastic could also be a possibility since it relates to how sensitive demand is to price changes.

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8 days ago

I think the answer might be A) Inelastic because I remember that inelastic demand means quantity demanded doesn't change much with price changes.

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