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A Level Economics:

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P12 June 2013 Answers
These are expected answers. There can be smome mistake. No one is responsible for incorrect answer.
1. Alternative employment opportunities are scarce. This question was regarding locating a new factory in coastal region
2. MH was opportunity cost after shift
3. In the question of tansition to free market economy. prices are liberalized, exchange rate floating, inward investment allowed, stock exchange not compulsory
4. A change in the perormance of the computer will shift the demand to right
5. If price of maize rises, quantity should fall is correct and if demand for maize decrease, the price should fall is incorrect statment
 
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P12 june 2013

6. Equilibrium pricere mains the same when demand is infinite
7. PED -o.5, YED -2, XED -1 . It was reagrding substitutes and complements
8. Qs = 10 +5P. Qs will double due to changes in price from 1 to 4
9. Firm Z experiences strike whilst other enter the market
10. Illegal price increase and quantity consumed uncertain. this question was regarding penelties paid on supplying illegal drugs
11. Consumer tax burden is QRWU
 
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P12 june 2013

6. Equilibrium pricere mains the same when demand is infinite
7. PED -o.5, YED -2, XED -1 . It was reagrding substitutes and complements
8. Qs = 10 +5P. Qs will double due to changes in price from 1 to 4
9. Firm Z experiences strike whilst other enter the market
10. Illegal price increase and quantity consumed uncertain. this question was regarding penelties paid on supplying illegal drugs
11. Consumer tax burden is QRWU
Sir, can you please mention the options of Question 7. regarding Income Elasticity
 
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These are my answers but I'm not sure of them, The exam was held more than a month ago and this is all what I remember.
1 A
2 A
3 C
4 D
5 C
6 A
7 D
8 D
9 C
10 B
11 B
12 D
13 B
14 A
15 C
16 C
17 A
18 B
19 C
20 C
21 D
22 C
23 D
24 A
25 D
26 D
27 C
28 D
29 A
30 C
 
Messages
1,260
Reaction score
676
Points
123
These are my answers but I'm not sure of them, The exam was held more than a month ago and this is all what I remember.
1 A
2 A
3 C
4 D
5 C
6 A
7 D
8 D
9 C
10 B
11 B
12 D
13 B
14 A
15 C
16 C
17 A
18 B
19 C
20 C
21 D
22 C
23 D
24 A
25 D
26 D
27 C
28 D
29 A
30 C
Answer for 6 is B. 24B, 28C, 29C.
 
Messages
1,260
Reaction score
676
Points
123
These are my answers but I'm not sure of them, The exam was held more than a month ago and this is all what I remember.
1 A
2 A
3 C
4 D
5 C
6 A
7 D
8 D
9 C
10 B
11 B
12 D
13 B
14 A
15 C
16 C
17 A
18 B
19 C
20 C
21 D
22 C
23 D
24 A
25 D
26 D
27 C
28 D
29 A
30 C
Dear you are in win win position. Its wonderful performance.
 
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Thank you bro.
Love you :*
When did you get them? I guess those a level database people sent it?
 
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