A Level Economics:

[RoOk1303]

Want Unilever a Oligopolistic? Because it was multinational hence big firm and cannot be monopolistic as firms in monopolistic market are small

Either contestable or perfect competition i think..

 

[Raja23]

Bro perfect and monopoly are theory! Hence in reality there are no such markets

 

[RoOk1303]

Bro perfect and monopoly are theory! Hence in reality there are no such markets

Sorry sis
Its oligopoly , you're right

 

[RoOk1303]

'To sum it all, all market structures except monopoly are in practice at Unilever. However the perfect monopolistic structure carries less weight because the cumulative market share of this corporation is big enough to shake off potential high caliber competitor.'

Read more: http://www.ukessays.com/essays/econ...ver-deviate-economics-essay.php#ixzz2knbeewqa

Stop worrying peeps.

 

[economist2]

I wrote oligopolistic but I'm thinking its a monopolistic competition.

 

[RoOk1303]

I wrote oligopolistic but I'm thinking its a monopolistic competition.

Unilever is everything EXCEPT monopoly and monopolistic .

 

[Yeongson522]

Did anyone sat for Economics Paper 41? What do u think the gp is gonna be?

 

[joesmith]

Qamar sir I live in U.A.E and i needed the economics notes as i am taking the exam in may june.I did nt take economics in Igcse.This is my first time do u knw where i could get ur notes in U.A.E.

 

[economist2]

Unilever is everything EXCEPT monopoly and monopolistic .

'To sum it all, all market structures except monopoly are in practice at Unilever. However the perfect monopolistic structure carries less weight because the cumulative market share of this corporation is big enough to shake off potential high caliber competitor.'

Read more: http://www.ukessays.com/essays/econ...ver-deviate-economics-essay.php#ixzz2knbeewqa

Stop worrying peeps.

thanks.

 

[economist2]

HELP PLEASE!!!!
In a closed economy with no government, the level of investment is $5 million, the equilibrium
level of income is $22 million, the full employment level of income is $25 million and there is a
deflationary gap of $1 million.
What can be deduced from this information?
A The marginal propensity to consume is 2/3 .
B The marginal propensity to consume is 1/3
C The value of the investment multiplier is 5.
D The value of the investment multiplier is 1.5.

 

[a level]

HELP PLEASE!!!!
In a closed economy with no government, the level of investment is $5 million, the equilibrium
level of income is $22 million, the full employment level of income is $25 million and there is a
deflationary gap of $1 million.
What can be deduced from this information?
A The marginal propensity to consume is 2/3 .
B The marginal propensity to consume is 1/3
C The value of the investment multiplier is 5.
D The value of the investment multiplier is 1.5.

multiplier=change in Y/change in I
25m-22m/6-5(6 is full emplyment investment)
3=1/1-mpc

 

[kashaf shahzad]

Can anyone help me with this question?
Im new to economics.
Discuss the extent to which price Elasticity of demand and supply can be used to explain why manufactured goods typically exhibit greater price stability than primary products.{20 marks}

 

[a level]

Can anyone help me with this question?
Im new to economics.
Discuss the extent to which price Elasticity of demand and supply can be used to explain why manufactured goods typically exhibit greater price stability than primary products.{20 marks}

strange question especially for 20mks
i havent encountered these type of questions neither in my as nor in a2 eco.

 

[princess787]

Hello sir, can u please guide me on how to solve the 6th question in w12_31
A form currently employs 30 workers at a daily wage of $50
The marginal cost of employing one more worker is $112 per day
By how much will the firm have to increase the daily wage in order to increase its labour force from 30 to 31?
A 2%
B 4%
C 6.3%
D 7.5%
Answer is B! Please explain how! Thank you!

 

[a level]

Hello sir, can u please guide me on how to solve the 6th question in w12_31
A form currently employs 30 workers at a daily wage of $50
The marginal cost of employing one more worker is $112 per day
By how much will the firm have to increase the daily wage in order to increase its labour force from 30 to 31?
A 2%
B 4%
C 6.3%
D 7.5%
Answer is B! Please explain how! Thank you!

orignally 30workers get $1500(30*50)
inc in wage per worker 112-50=62
so,inc in wage rate i.e 62/orignal daily wagerate is 1500*100
4.1%

 

[a level]

Despite a balance of payments deficit a country’s money supply remains unchanged.
What could explain this?
A The country’s foreign exchange rate is fixed.
B The government runs a budget surplus.
C There is a fall in the country’s foreign exchange reserves.
D The government runs a budget deficit financed by borrowing from the central bank
can anyone explain the answer

 

[a level]

A 6 % increase in the money supply leads to a 10 % increase in the level of money income.
What can be deduced from this?
A There has been an increase in the level of output.
B There has been an increase in interest rates.
C There has been an increase in the velocity of circulation.
D The price level has increased by 4 %.
explain the option

 

[RoOk1303]

HELP PLEASE!!!!
In a closed economy with no government, the level of investment is $5 million, the equilibrium
level of income is $22 million, the full employment level of income is $25 million and there is a
deflationary gap of $1 million.
What can be deduced from this information?
A The marginal propensity to consume is 2/3 .
B The marginal propensity to consume is 1/3
C The value of the investment multiplier is 5.
D The value of the investment multiplier is 1.5.

Ans is A .. You should draw the graph to better understand

 

[varsh@]

I dont know :s but im afraid dat you will be penalised if you havent write about these aims at all.

macroeconomic policies are not macroeconomic aims!!!

 

[varsh@]

A 6 % increase in the money supply leads to a 10 % increase in the level of money income.
What can be deduced from this?
A There has been an increase in the level of output.
B There has been an increase in interest rates.
C There has been an increase in the velocity of circulation.
D The price level has increased by 4 %.
explain the option

answer is C i think