1.2.5 Elasticity of supply - Theme 1 Edexcel A Level Economics
This lesson introduces learnes to elasticity of supply. We look at the difference between elastic and inelastic supply, as well as perfectly inelastic and unitary elastic supply, with examples. We also look at the reasons that cause supply to be inelastic or elastic. Students have the opportunity to complete calculations with a model example done first.
A link to a kahoot quiz and a box plenary to finish with.
Colourful, concise and engaging slides!