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  1. A

    Economics, Accounting & Business: Post your doubts here!

    In the question, the price of each factor, the product it produces and the selling price of the product has been given. Take X. It costs $4 and creates 2 products. It will generate revenue of $3 per product, which is $6. This is higher than the price of the factor hence more of X should be...
  2. A

    Economics, Accounting & Business: Post your doubts here!

    Can someone please give me the Sample Candidate Response booklet for Economics please?
  3. A

    How was accounting p42?

    Isn't 7200 the depreciation for the whole year? You've got to charge the depreciation for only 6 months.
  4. A

    Mathematics: Post your doubts here!

    As far as I know you've got to do it on the lined paper itself. I just use my scale/ruler to make an accurate graph. It takes only 2-3 minutes. I use the scale of 0.5cm=1 unit.
  5. A

    How was accounting p42?

    I don't remember balances exactly. I remember that 2 partners had a profit and one of them had a loss.
  6. A

    How was accounting p42?

    Yeah, I got a loss for the second 6 month period.
  7. A

    How was accounting p42?

    The current a'c contained drawings on the debit side. There was interest on capital and profit on the credit side. Note that Interest on capital had to be charged for 6 months at the original rate and 6 months at the new rate. Profit for the two periods too had to be split in the original and...
  8. A

    How was accounting p42?

    Does it have to be a CFS? It can also be a bank a/c right?
  9. A

    How was accounting p42?

    Not sure, I definitely didn't get those numbers man!
  10. A

    How was accounting p42?

    No. 1 was tricky for me too, my balance sheet didn't tally by a small amount, about 5180. I made a bank account to enter the expenses, receipts from debtors, payments to creditors and the capital expenditure. I'm not sure whether what I did is right.
  11. A

    Results May/June 2014

    Guys, if you get the Economics GT, do post it!
  12. A

    Results May/June 2014

    If I'm not wrong, you have to go to your school/center and inform them. They'll tell you what procedures to follow next.
  13. A

    economics paper 2

    Paper 1 went well, but Section A was really tricky for variant 1. Section B was also ok, I'm really nervous because I don't know what to expect.
  14. A

    economics paper 2

    But the threshold has never been that high for any variant!
  15. A

    economics paper 2

    Just finished Variant 1. Seems to be the same story, tough Section A, but Section B was okay.
  16. A

    Economics, Accounting & Business: Post your doubts here!

    Guys, how was economics paper 2? No discussing the questions for 24 hours, but how was it?
  17. A

    Economics, Accounting & Business: Post your doubts here!

    /watch?v=5cBU835MBVw Check that video out, really helped me understand the concept. Its a youtube link, so put in youtube.com/(the extension)
  18. A

    Hahaha no, AS! Thank You! but not awesome, quite average actually :p how about you? AS?

    Hahaha no, AS! Thank You! but not awesome, quite average actually :p how about you? AS?
  19. A

    Economics, Accounting & Business: Post your doubts here!

    Basically, they've given us the predicted surplus for 2006 as $17 Billion and said that it is two thirds higher than 2005. We could apply a little bit of math year and achieve a quick and easy solution. So we assume the initial surplus in 2005 as "1" The initial surplus is taken a term 'x' We...
  20. A

    Economics, Accounting & Business: Post your doubts here!

    Widespread labor shortage can cause both cost-push and demand-pull inflation. As labor becomes more and more scarce, firms will be forced to pay out higher wages in order acquire the labor.(Just like how the market behaves to a scarce good) Increase in wage payments will cause the supply curve...
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