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  1. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    http://www.xtremepapers.com/papers/CIE/Cambridge%20International%20A%20and%20AS%20Level/Economics%20(9708)/9708_s06_qp_1.pdf Econ - Que no 26. I marked B, buh its D. I dont understand :/
  2. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    whats the answer for this?? C??
  3. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    A worker can make 10 hats or 5 pairs of shoes in a day. In the market three hats can be sold at the same price as two pairs of shoes. The worker should make A 4 hats and 3 pairs of shoes daily. B 6 hats and 2 pairs of shoes daily. C hats only. D shoes only. Explain? :)
  4. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    alright :) just be prepared anyways :) :p and if he syllabus says it, i agree :D
  5. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Oh your welcome :) haha hi5 i also got confused after doing mcqs...especially 1..i came up with the same explanation. However, wasn't sure :/ Just let me know if you get an accurate answer for that and i will do too :) and Thanks :)
  6. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    reallY? buh i studied at school..Just ask the other members too :)
  7. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    well total share of profits includes interest on capital, salary, interest on loan (if the partner has provided a loan) and the final profit share. Buh am confused if total appropriation of profit is just the last bit where you share the final distributive profits or if its the same as above :/...
  8. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    well that paper was AS right? O/N 2003 p2?! its actually AL stuff...buh then sometimes i believe there is a possibility to get just minor level questions for AS -_- sucks i know! :/
  9. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    are you 101% sure????????
  10. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    are you sure? I have dissolution included! o.O
  11. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Is there a difference between "total share of profit" and "total appropriation of profit" in partnership context????
  12. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    lol okay :) 1/0 = math error :p that you multiply by 50/50 = 1 buh end of the day, math error right so your answer falls onto infinite category :) i just substituted the numbers? hope its fine :)
  13. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    well it seems fine :) buh i doubt if that will be a safe formula to follow when you have semi-variable costs included. Am not sure. Coz i always use the high low method i mentioned. Its safer, i think :)
  14. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Use the formula for YED calculation. (change in Qd/Qd) * (income/change in Income). Thus, when you feed in the numbers of nuts into the equation, you get infinite as the result. So it leaves us no other choicw buh option C
  15. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    you see, increasing interest rates, will make your currency attractive due to the high returns you get, if you invest. So the possible thing is hot money will be attracted via investments which will affect your capital a/c. However, remember that this will result with outflow of profits or...
  16. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    you simply use the high low method and find the variable cost/unit. so it goes like 13000-6000 = 7000 divide that by (24000-10000). so variable cost per unit = 0.5. hence, you can find the total var.cost and FC for a known quantity and given cost. For eg: (0.5*10000) + 1000 = $6000. So now you...
  17. Mad Gal

    Economics, Accounting & Business: Post your doubts here!

    Thank you :) I was just wondering if the "non interest bearing asset" would have any impact on our answer. Are there like any occasions that the real value could actually rise??
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