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  1. J

    ECONOMICS P12 ANSWERS

    hey Sameer, yea i definitely understand the concept of maximum pricing (i.e. to be effective it should be set under the equilibrium price) but somehow i was stuck with the point when the examiner asked :"what aim does it achieve?" only excess supply was something i could thought of as market...
  2. J

    Economics paper 3 and 4 help!!!!!!!!!!!

    Just an advise: try not to read new notes at this time, they'll confuse you. Go for ones you already have (if any) and read the Bamford's book. This book has all the sufficient material a candidate requires to answer the questions in the exams.
  3. J

    Economics paper 3 and 4 help!!!!!!!!!!!

    oh I do have notes but sadly enough in my notebook.. Check other threads in this forum someone has posted notes! Good Luck!
  4. J

    Economics 12

    Thank you Echelon94 for finding these links and making the point clearer as I had no energy yesterday after reading A2 chapters to research again for old topics. :)
  5. J

    Economics 12

    -20 i wonder what is -20 is? no paper code.. maybe answer for the Terms of Trade question.. !!??!! which was actually 80 i;m confused though!
  6. J

    ECONOMICS P12 ANSWERS

    Japanese firm would now be producing in UK. UK had to earlier import but now after the firm establishes in UK there would be decrease in UK imports rather the firm would be even exporting to other markets in the Europe thus the exports of UK rise as well. Imports: decrease Exports: Increase
  7. J

    ECONOMICS P12 ANSWERS

    the answer about the maximum price is also contro. The question clearly stated that it was to achieve some aim and not just equilibrium... i marked "to ensure excess supply" though it was evident that maximum price was ineffective as it was above equilibrium.
  8. J

    Economics 12

    thank you too ExamPasser.. hope you actually pass the exams too. :p anyhow, i'm giving Economics accelerated this year only, last year gave mathematics, business studies.. (BB respectively)
  9. J

    Economics 12

    10 plus As show they are ORDINARY level intelligent.. but for ADVANCED level they are not.. hahaha.. but all the best dude!
  10. J

    Economics 12

    oh wow.. nice one!!!! i've 7Bs as well. :p
  11. J

    Economics 12

    ok.. no i am not that rich to give 17 papers.. or that intelligent that i get 17 As. but i do have 2A* and 5A in o-level.. alias 7A(s) what are your grades Ahsan?
  12. J

    Economics 12

    for whom is this post for???
  13. J

    Economics 12

    what was your paper code??
  14. J

    Economics 12

    yea i do think it was right and answer seemed quite clear.. hope we didn't make any silly mistake though!!!
  15. J

    Economics 12

    the graph was parallel to y axis...
  16. J

    Economics 12

    oh just read in previous posts; someone said very emphatically that 3:2 was wrong option..
  17. J

    Economics 12

    the graphs DO shift. If you look at the x axis; in the graph 2 the quantity demanded remained same even as the supply curve shifted. In other two the quantity traded did differ.. that is how at least i concluded. i appeared in variant 12; but i don't remember other options.
  18. J

    Economics 12

    i made your day... THANK me.. i've just a single thank :p hahahahha
  19. J

    Economics 12

    as for q1. : I was unable to comprehend it. :s q7. the curves did shift! so answer was graph 1 and graph 3. q10. i messed up and selected the option which had 3:2, and 4:1. q18: the prices of the exports rise in term of other currencies.
  20. J

    Economics 12

    no the opportunity costs were constant. they could make same combination as the lines did intersect at a point. :)
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