Bandola, Hannah

INDIVIDUAL ACTIVITY

A. Identify which sector do this people work in?

1. Lawyer - Service Sector

2. nurse - Service Sector
3. Construction Worker - Secondary Sector
4. Caterer - Service Sector
5. Architect - Service Sector
6. Hairdresser - Service Sector
7. Lumberjack - Primary Sector
8. Photographer - Service Sector
9. Bus Driver - Service Sector
10. Painter - Secondary Sector
11. Ship Builder - Secondary Sector
12. University Professor - Service Sector
13. Fisherman - Primary Sector
14. Forester - Primary Sector
15. Pottery Maker - Secondary Sector

B. Sort these out to which sector do they belong?

PRIMARY SECTOR
Forestry
Mining
Quarrying
Poultry

SECONDARY SECTOR
Car Production
Ship Building
Shoe Production
Textile Industry
Library

SERVICE SECTOR
Real State
Teaching
Transportation
Television Broadcasting
Engineering
Tourism
C. Give two countries that specialise in each of the economic sector.

PRIMARY SECTOR
China
India

SECONDARY SECTOR
United States
Japan

SERVICE SECTOR
United States
Canada

INDIVIDUAL EXERCISES

1. Using the data shown in the table below about demand for smart phones, calculate the price
elasticity of demand from B to point C, D to point E, and G to point H. Classify the elasticity
at each point as elastic, inelastic or unit elastic.
POINTS PRICE QUANTITY

A 60 3,000

B 70 2,800

C 80 2,600

D 90 2,400

E 100 2,200

F 110 2,000

G 120 1,800

H 130 1,600

Point B to Point C
From point B to Point C, price rises from 70 to 80 and quantity decreases from 2,800 to 2,600.

% Change in quantity = 2,600-2,800/(2,600+2,800)÷2 X 100

= -200/2,700 X 100
= -7.41
% Change in price = 80-70/ (80+70)÷2 X 100
= 10/75 X 100
= 13.33
Elasticity of Demand = -7.41%/ 13.33%
= 0.56
= The demand curve is inelastic because,
its elasticity value is less than one.

Point D to point E

% Change in quantity = 2,200-2,400/(2,200+2,400)÷2 X 100

= -200/2,300 X 100
= - 8.7

% Change in price = 100-90/ (100+90)÷2 X 100

= 10/95 X 100
= 10.53

Elasticity of Demand = -8.7%/ 10.53%

= 0.83
= The demand curve is inelastic because, its
elasticity value is less than one.

Point G to Point H

% Change in quantity = 1,600-1,800/1,700 X 100

= -200/1,700 X 100
= - 11.76

% Change in price = 130-120/125 X 100

= 10/125 X 100
= 8%
Elasticity of Demand = -11.76%/ 8%
= -1.47
= The demand curve is elastic.
2. Using the data shown in the table below about supply of alarm clocks, calculate the price of
elasticity of supply from J to point K, point L to point M, and point N to point P. Classify the
elasticity at each point as elastic, inelastic or unit elastic.

POINTS PRICE QUANTITY

J 8 50

K 9 70

L 10 80

M 11 88

N 12 95

P 13 100

Point J to Point K
From point J to point K, price rises from 8 to 9, and quantity rises from 50 to 70.

% Change in quantity = 70-50/(70+50)÷2 X 100

= 20/60 X 100
= 33.33

% Change in price = 9-8/ (9+8)÷2 X 100

Elasticity of Supply
= 1/8.5 X 100
= 11.76
= 33.33%/ 11.76%
= 2.83
= The supply curve is elastic because the elasticity
value is greater than one.
Point L to Point M
From point L to point M, price rises from 10 to 11, and quantity rises from 80 to 88.
% Change in quantity =
% Change in price
Elasticity of Supply
Point N to Point P
From point N to point P, price rises from 12 to 13, and quantity rises from 95 to 100.
% Change in quantity =
% Change in price
Elasticity of Supply
88-80/(88+80)÷2 X 100
= 8/84 X 100
= 9.52
= 11-10/ (11+10)÷2 X 100
= 1/10.5 X 100
= 9.52
= 9.52%/ 9.52%
= 1.0
= The supply curve has unitary elasticity in this area.
100-95/(100+95)÷2 X 100
= 5/97.5 X 100
= 5.13
= 13-12/ (13+12)÷2 X 100
= 1/12.5 X 100
= 8.0
= 5.13%/ 8.0%
= 0.64
= The supply curve is inelastic.