A Level Economics:

[***Sam***]

Sir,what about the guess paper?

 

[***Sam***]

May/June 2011,9708/12,MCQ 10 & 20's explanation???​

October/November 2010,9708/12,MCQ 22's explanation???​

 

[***Sam***]

Sir,post the important tricks to handle the MCQs.

 

[janicenxy]

Thank you

The question asked for cross elasticity of good Y against PRICE of good X. The key word is we are looking at the QUANTITY of Y and the PRICE of X.

Old Qy is 20 and new Qy is 30

Old Px is 8 and new Px is 10.

My way of calculating is (Qnew - Qold/ Qold) / (Pnew-Pold/Pold)

Once you solve that, you get an answer of 2. The equations in the options all have 2 in their range except for A so you eliminate A.

C is the most suitable answer because it has the number 2 in it.

Hope I helped

Thank you very much!

 

[Qamar Baloch]

May/June 2011,9708/12,MCQ 10 & 20's explanation???

see following link

 

[Qamar Baloch]

Sir,post the important tricks to handle the MCQs.

May/June 2011,9708/12,MCQ 10 & 20's explanation???

see following link
https://www.facebook.com/#!/photo.p...03071951.65011.100002114803570&type=1&theater

 

[shaahid]

Q17. Answer is B but im getting A :/

 

[fishfish]

http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_s12_qp_13.pdf
ques 28 please

 

[Qamar Baloch]

Sir,what about the guess paper?

There is no guess paper for p1 dear. It will be available for p2 and p4

 

[***Sam***]

There is no guess paper for p1 dear. It will be available for p2 and p4

Sir,do MCQs repeat?

 

[Qamar Baloch]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s12_qp_13.pdf
ques 28 please

Q17. Answer is B but im getting A :/

According to Marshall Lerner condition when PED of exports plus PED of imports is less than 1 , then a fall in value of currency (depreciation) will further deteriorate or worsen the trade. It is in option A where 0.5 + 0.25 = 0.75 which is less than 1. In all other options it is 1 or greater than 1.
Hope u got it.

 

[Qamar Baloch]

Sir,post the important tricks to handle the MCQs.

Ok dear I will try to do it fast. you must keep on working.

 

[fishfish]

According to Marshall Lerner condition when PED of exports plus PED of imports is less than 1 , then a fall in value of currency (depreciation) will further deteriorate or worsen the trade. It is in option A where 0.5 + 0.25 = 0.75 which is less than 1. In all other options it is 1 or greater than 1.
Hope u got it.

yes thank youu

 

[Qamar Baloch]

Sir,do MCQs repeat?

Yes but not more than 5. Mostly he repeates the question but with changed format.

 

[Qamar Baloch]

yes thank youu

You are always welcome dear.

 

[Qamar Baloch]

Q17. Answer is B but im getting A :/

https://www.facebook.com/#!/
See the link

 

[Qamar Baloch]

https://www.facebook.com/#!/TopicalAsLevelEconomics

 

[Nuhail]

sir tell me about elasticities what are the calculation and which sign represnt what in each (YED XED PED)...
and calculation for infaltion by there respective indexe
Thannkyou

 

[Nuhail]

sir tell me about elasticities what are the calculation and which sign represnt what in each (YED XED PED)...
and calculation for infaltion by there respective indexe
Thannkyou

 

[Qamar Baloch]

sir tell me about elasticities what are the calculation and which sign represnt what in each (YED XED PED)...
and calculation for infaltion by there respective indexe
Thannkyou

PED is always negative but we need not to put negative sign as it is understood.XED for substitutes is positive and for complements it is negativeYED for normal and luxurious goods is positive and for inferior and giffen goods it is negative