A Level Economics:

[Lisa Mccoy]

hey sir what papers should we do for paper 3

 

[Lisa Mccoy]

variant 21 , characteristics n functions of money came, i did that one

 

[Qamar Baloch]

variant 21 , characteristics n functions of money came, i did that one

I am feeling good to hear it from you.

 

[Lisa Mccoy]

I am feeling good to hear it from you.

sir how about paper 3? what years do u recommend we do ?

 

[Qamar Baloch]

sir how about paper 3? what years do u recommend we do ?

Try to do maximum possible.

 

[xmariam3x]

Try to do maximum possible.

Sir what will producers do if there is a shortage because of maximum price limit?? Will supply be increased or not?

 

[SalmanPakRocks]

Sir what will producers do if there is a shortage because of maximum price limit?? Will supply be increased or not?

Nope, they'd never increase the supply. There would be shortage if the maximum price is imposed below the market clearing price. In case this happens, the government can either provide subsidy to the producers so that they increase the supply or provide the goods from buffer stock management.

 

[xmariam3x]

Nope, they'd never increase the supply. There would be shortage if the maximum price is imposed below the market clearing price. In case this happens, the government can either provide subsidy to the producers so that they increase the supply or provide the goods from buffer stock management.

Ah thought so, that means i messed up my 12 marks answer in exam... i was in a hurry to complete the paper :/
half of the question i answered correctly, and in the end also mentioned about supply increasing to reduce shortage.
But in the middle instead of writing the gov will give subsidy i wrote producers will increase the supply.
Do think i can still get marks for the graph showing increase in supply to solve shortage?
or will there be no marks counted from my mistake onwards?

 

[rupa]

Ah thought so, that means i messed up my 12 marks answer in exam... i was in a hurry to complete the paper :/
half of the question i answered correctly, and in the end also mentioned about supply increasing to reduce shortage.
But in the middle instead of writing the gov will give subsidy i wrote producers will increase.

its okay yaa
u have rest 38 marks naa
don't worry

 

[xmariam3x]

its okay yaa
u have rest 38 marks naa
don't worry

Paper 2's prep was so good i can't believe i just made a silly mistake like this. that means we should practice writing speed alot

 

[rupa]

Paper 2's prep was so good i can't believe i just made a silly mistake like this. that means we should practice writing speed alot

that is soo true....
even i have that problem....
but still past is past we can never change it....

 

[hellblender]

Paper 2's prep was so good i can't believe i just made a silly mistake like this. that means we should practice writing speed alot

I do my essays first so maybe you could do that, i did manage to complete the paper though.

 

[hellblender]

I think all of us spend most of our time practicing for essays, which is why to avoid rushing section b i do i first. Then i am stress free to do section A.

But i guess everyone has their own way of approaching things.

 

[xmariam3x]

Silly mistakes are so disappointing. They make you destroy the only the chance to show your prep </3

 

[SitiPutri]

Silly mistakes are so disappointing. They make you destroy the only the chance to show your prep </3

Can't agree to this more. I think I did a lot of silly mistakes in my AS Exams. I seriously prefer not knowing how to do the questions at all than knowing how to solve them but get the answers wrong due to silly mistakes. Ugh.

 

[SalmanPakRocks]

Ah thought so, that means i messed up my 12 marks answer in exam... i was in a hurry to complete the paper :/
half of the question i answered correctly, and in the end also mentioned about supply increasing to reduce shortage.
But in the middle instead of writing the gov will give subsidy i wrote producers will increase the supply.
Do think i can still get marks for the graph showing increase in supply to solve shortage?
or will there be no marks counted from my mistake onwards?

You'd get marks for showing that suppliers would increase their supply but examiners would deduct your marks for not writing why they would increase the supply. In case if suppliers increase the supply, it would mean that price of a product would fall. Why would any rational supplier want that?

 

[xmariam3x]

You'd get marks for showing that suppliers would increase supply but examiners would deduct marks for writing why they would increase the supply. In case if suppliers increase the supply, it would mean that price of a product would fall. Why would any rational supplier want that?

Yes this was the first thing I thought as soon as I left exam hall "why did I write the producers will I increase supply? Shoot!,
But I hope I get marks for showing the graph of increased supply and the conclusion

 

[rupa]

Someone help me in 6th b and 7th question pls
https://www.facebook.com/TopicalAsL...3409015428340/443345892434650/?type=1&theater

 

[rupa]

Hey what will be GT for p2? Will it be around 36 or around 24.....
And how is GT is fixed?

 

[SalmanPakRocks]

Yes this was the first thing I thought as soon as I left exam hall "why did I write the producers will I increase supply? Shoot!,
But I hope I get marks for showing the graph of increased supply and the conclusion

Insha'Allah.