A Level Economics:

[Mahreen Mustafa]

Dear students,
Revise PPC, Mixed economy, Functions of money, calculations and effects of inflation, Price elasticity of demand and income elasticity of demand, causes of changes in terms of trade, advantages and disadvantages of changes in terms of trade. I will post the complete question later. Complete guess consists of these topics.

Wish you good luck!

what about section A.... can u specify please

 

[kishmishdoll]

plz can anyone tell me how to do this so that the answer comes B?

 

[Sarah Paul]

plz can anyone tell me how to do this so that the answer comes B?

You gotto add all the QS at each price so at price 3 u get 350

 

[kishmishdoll]

thankuuu but how well know that at price 3 only we should get 350?

 

[Sarah Paul]

thankuuu but how well know that at price 3 only we should get 350?

Cz in B
They say Price is 3$ and units is 350

 

[kishmishdoll]

ohh okay Thankx

 

[rupa]

Some one pls help me with terms of trade.......
Definition
How it is used and for what?
And advantage and disadvantages
Pls someone help me....I'm breaking my head with this concept...
Pls help me

 

[Qamar Baloch]

Complete questions will be available by tom positively

 

[Sarah Paul]

Complete questions will be available by tom positively

Finally

 

[Lisa Mccoy]

Complete questions will be available by tom positively

thank you very much kind sir

 

[Muhammad Bhikhu]

What about paper 1 guess?

 

[kishmishdoll]

Can anyone please help me with this calculation? How to calculate vost of living using CPI? The correct answer for this is C.

 

[Sarah Paul]

Can anyone please help me with this calculation? How to calculate vost of living using CPI? The correct answer for this is C.

You have to calculate 5 / 10 * 400 + 3/10 * 120 + 2/ 10 * 80 which will be 252. Substract 100 frm 252 ull get 152

 

[kishmishdoll]

Thanks alottt.. if u don't mind can I ask one more plz?

 

[Sarah Paul]

Thanks alottt.. if u don't mind can I ask one more plz?

LOL yeh sure

 

[kishmishdoll]

Lol.. see this one.. how come C ?

 

[Sarah Paul]

PB + EB = SB
PC + EC = SC

SB - SC. The option which gives the highest value will be the answer cz gvrnmnt is cncrned abt the social welfare

 

[kishmishdoll]

Ohh okay Thanks aloads friend

 

[Sarah Paul]

Ohh okay Thanks aloads friend

Welcome. Furthr doubts can be cleared as well

 

[Qamar Baloch]

Wish all of you very best of luck for tomorrow's paper.
Its not possible to guess for MCQS. But you must revise complete papers from June 2003 to June 2006. Such type of questions may be repeated.
I would be waiting for a good news from you people tomorrow.
Wish u luck!