Economics p3 post ur doubts here..:)

[AlphaBeta]

whats the difference between broad money and narrow money ?

 

[zara97]

can u check o/n 13 p32 Q.8 n 13

 

[angel404]

how negative ?

not really negative, but since hes being forced to work more than he wants,its deducts from the economic rent.

 

[unique111]

whats the difference between broad money and narrow money ?

Broad money includes the function of money as store of value plus medium of exchange, but narrow money deals with the medium of exchange part only.

 

[unique111]

Ans: A

Such questions have come a lot, but how do we do them?

 

[angel404]

9708/32/m/j/10
how do you do number 6? answer is B

 

[angel404]

ans is b

 

[unique111]

View attachment 44676
ans is b

Find the Total Cost by cumulatively adding MC. You get 20,50,80,140,240. Find the ATC. Lowest will be 33.3 when output is 3. Thus, ans B.

 

[angel404]

Find the Total Cost by cumulatively adding MC. You get 20,50,80,140,240. Find the ATC. Lowest will be 33.3 when output is 3. Thus, ans B.

thanks.

 

[angel404]

also need help here:


answer is b

 

[unique111]

also need help here:
View attachment 44687

answer is b

Deadpunk.mr
According to equimarginal principle the MArginal utility of money must be same. So MUm of good x: 30/10=3. It must be the same for good Y too. Initially, when price was 30, MUm=MU1/P= MU1/30. From here MU1= 30*3=90. When price fell to 20 MU2=20*3=60. So change in MU=MU1-MU2= 30. From graph we can see, 30 utils=10 units. So, ans is B.

Could you go through my doubt too above?

 

[AlphaBeta]

Deadpunk.mr
According to equimarginal principle the MArginal utility of money must be same. So MUm of good x: 30/10=3. It must be the same for good Y too. Initially, when price was 30, MUm=MU1/P= MU1/30. From here MU1= 30*3=90. When price fell to 20 MU2=20*3=60. So change in MU=MU1-MU2= 30. From graph we can see, 30 utils=10 units. So, ans is B.

Could you go through my doubt too above?

Ur doubt i just discussed here > https://www.xtremepapers.com/community/members/mustafamotani.13052/#profile-post-274658
check the post
BTW can u space ur explainiation man , its givin me a headache

 

[angel404]

Deadpunk.mr
According to equimarginal principle the MArginal utility of money must be same. So MUm of good x: 30/10=3. It must be the same for good Y too. Initially, when price was 30, MUm=MU1/P= MU1/30. From here MU1= 30*3=90. When price fell to 20 MU2=20*3=60. So change in MU=MU1-MU2= 30. From graph we can see, 30 utils=10 units. So, ans is B.

Could you go through my doubt too above?

i have gone through it...i have no idea.

 

[Rukia@Sullemana]

this ques is very strong please explain.
the answer is A
2013 paper31 M/J

 

[AlphaBeta]

View attachment 44689

this ques is very strong please explain.
the answer is A

which year ?

 

[AlphaBeta]

View attachment 44689

this ques is very strong please explain.
the answer is A

Explaiination >
hav to find MPP/factor price for both
for X = 2/5 = 0.4
For Y=4/10=0.4
so both are less than revenue which is $3
so less of both

 

[Deadpunk.mr]

Thank you so much and this? Answer B

 

[Rukia@Sullemana]

but the answer said more of both.

 

[AlphaBeta]

but the answer said more of both.

which yyear is this question ?

 

[muzirox]

Hi plzz can anyone explain this qs
https://www.xtremepapers.com/community/attachments/untitled-jpg.44618/