Economics p3 post ur doubts here..:)

[David Hussey]

Next time i shouldt tell u the answers untill u give your answer..

lol

 

[David Hussey]

i understand your point
but just like acer said, why do we have to take X as TR when TR is already givenand wth is X anyways??

 

[AlphaBeta]

i understand your point
but just like acer said, why do we have to take X as TR and wth is X anyways??

X is addin FC to TR i guess

 

[acer786]

i understand your point
but just like acer said, why do we have to take X as TR when TR is already givenand wth is X anyways??

Well what i undrstand is that ceasing production décision dépends on AVC so it Seems that We will draw AVC for our own helpon the diagram and since AVC would be rising between QS points so these points are ceasing production points ....

 

[AlphaBeta]

Well what i undrstand is that ceasing production décision dépends on AVC so it Seems that We will draw AVC for our own helpon the diagram and since AVC would be rising between QS points so these points are ceasing production points ....

not AVC, TVC ryt?

 

[mmmmmm]

http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w13_qp_33.pdf, q:9....help me.

 

[David Hussey]

Well what i undrstand is that ceasing production décision dépends on AVC so it Seems that We will draw AVC for our own helpon the diagram and since AVC would be rising between QS points so these points are ceasing production points ....

but even if u draw AVC curve, revenue covers it, so why would u shut down? :/

 

[David Hussey]

well i guess i ll consider this as another "byheart" xD

 

[David Hussey]

 

[:: A^]

View attachment 44729

int decrease to reduce cost of borrowing.
tax increases to reduce spending

 

[Bachelor]

an imp advice concentrate on latest pastpapers like from 10 to 13 dont do previouso nes their pattern is finished its the latest one whch is followed now so do the latest ones plzzz

 

[Bachelor]

Ans is C ... But i dont get it ..how C ?

Note : the q asks for ceasing points ...the Word 'ceasing' somehow didnt
appear in the q while i took the pic

if u concentrate here TC curve can be converted in to U shaped so if u do it u will notice that QS come under the disecomies part i.e costs rise as output is increased so they will avoid this output so QS is the answer

 

[thunderbolt]

Q.17 w.06

 

[AlphaBeta]

Answer C , wats da logic ?

 

[David Hussey]

View attachment 44741
Answer C , wats da logic ?

no idea bro

 

[David Hussey]

What is the difference between the law of diminishing returns and law of variable proportions?

 

[acer786]

if u concentrate here TC curve can be converted in to U shaped so if u do it u will notice that QS come under the disecomies part i.e costs rise as output is increased so they will avoid this output so QS is the answer

y do we take tc as a u shaped curve ? i have never heard of this before that we can take it as a u shape ?

 

[David Hussey]

y do we take tc as a u shaped curve ? i have never heard of this before that we can take it as a u shape ?

maybe he means the LRAC curve

 

[AlphaBeta]

What is the difference between the law of diminishing returns and law of variable proportions?

they are the same

 

[:: A^]

View attachment 44741
Answer C , wats da logic ?

Price is 1, so MP = MRP.. Hire until MRP = W.