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  1. Sonish Raj Pant

    yea... Rato Bangala School... u too from ktm? which skul?

    yea... Rato Bangala School... u too from ktm? which skul?
  2. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    in tht question regarding the effects of recession, i wrote that companies will lose confidence in any economy and so they'll decrease their investment leading to a decrease in production/unemployment... and since the supply of goods decreases there'll be cost push inflation... do you think...
  3. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    i found the paper pretty easy... data question was piece o cake... screwed up one question regarding the effect of recession on int'l trade... i wrote the general effects of recession on an economy, guess they'll give at least 2 for that... other than that i think it went pretty well... cudnt...
  4. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    yea... raring to go haha... and abt the question regarding trade restrictions, importers do gain in case of quotas cuz the ones who actually get to import will be having "windfall" gains since they'll be selling goods at a higher price than what they would have otherwise sold at....
  5. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    the question WAS about CBA... i can bet my ass on that one lol...
  6. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    what's you answer to that question? i thought the other options were unlikely... i don't remember the question though... i just remember marking that particular option cuz the other options seemed unlikely...
  7. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    i meant the government would consider it bt not the firms... firms will only be bothered about the cost that has incurred to them and the revenue they might earn by selling the product... firms don't give a shit abt consumers' surplus.. but the government will be concerned about consumers'...
  8. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    consumer surplus.. cuz producers vie to maximize their profits.. so in course of that they won't mind taking up all of consumers' surpluses... and other answers seemed unlikely... ur talking abt the same question, aren't you?
  9. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    a decrease in innovation means that a country will have lesser new, more efficient capital for the future... if the same level of innovation had been sustained the level of production would not have decreased leaving the PPF intact.. but since the question said "decrease in innovation" the...
  10. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    the answer to the PPF question was decrease in innovation! i thought the paper was rather easy! expecting to score around 28!
  11. Sonish Raj Pant

    Economics P12 june 2012 ANSWERS...!!!

    Mattman i agree with you... i asked my teacher,who is also an examiner, abt that question and he said that since the question said within the limits, the answer had to be B !
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