Economics, Accounting & Business: Post your doubts here!

[WaleedUQ]

Output is correct coz it will raise money wages not real wages. a and D i found not relevant...
What u say WaleedUQ what u opt?

reducing surplus
we have to restrict spending...
increase direct taxes will reduce income result in low consumption which means inflation may reduce..
as people real income will decrease they will demand an increase in wages which may effect Exports
as exports price may rise

 

[WaleedUQ]

Output is correct coz it will raise money wages not real wages. a and D i found not relevant...
What u say WaleedUQ what u opt?

reduction in output will reduce supply increasing prices..
as more out will increase people will consume more raising prices

 

[Mad Gal]

reducing surplus
we have to restrict spending...
increase direct taxes will reduce income result in low consumption which means inflation may reduce..
as people real income will decrease they will demand an increase in wages which may effect Exports
as exports price may rise

i gues i marked B too..

 

[memyself]

efficient allocation one? youzair
u had to equate MC=P or MC=AR, D i think

 

[WaleedUQ]

efficient allocation one? youzair
u had to equate MC=P or MC=AR, D i think

it was A

 

[naheelnisar]

Yeah it was relatively easy! CIE's out foreverrr xD

it was just okay

 

[youzair]

memyself
WaleedUQ

My ans to efficient allocation que was C....:/
I think i missed one statement of that question...ie examiner was asking for monopoly or pc?

 

[WaleedUQ]

memyself
WaleedUQ

My ans to efficient allocation que was C....:/
I think i missed one statement of that question...ie examiner was asking for monopoly or pc?

dude
Making someone worseoff by getting better off is ECONOMIC efficiency aur pareto efficiency

 

[naheelnisar]

wat was ans of question 2 marginal utility wala 1 unit=$3

 

[youzair]

dude
Making someone worseoff by getting better off is ECONOMIC efficiency aur pareto efficiency

Pata hai jabhi first ka A mark kiya hai...
Lrmc walay mei bhund kardiyaaaa!!!!

 

[Faadii]

it was A

why not B MR=O ., ?

 

[Bushrafareed]

m/j 07 q4 is not the same question dude.

Bushra check m/j 07 q4 and then change your statement

 

[Faadii]

wat was ans of question 2 marginal utility wala 1 unit=$3

4 units / !

 

[youzair]

wat was ans of question 2 marginal utility wala 1 unit=$3

4units C

 

[WaleedUQ]

4 units / !

5 units you got it wrong dude

 

[WaleedUQ]

4units C

i think 5 4 dont remember ;p

 

[WaleedUQ]

m/j 07 q4 is not the same question dude.

read what comes first,
for business marginal cost is relevant what i am trying to tell you is that ure approach is not appropriate

 

[youzair]

5 units you got it wrong dude

4th ke MU was 12 and price charged for product was 4...
C correct hai yar

 

[WaleedUQ]

i know yaar

bro thats different question

 

[WaleedUQ]

4th ke MU was 12 and price charged for product was 4...
C correct hai yar

then it was 4 yea i know 12/4 was 3