A Levels Economics MCQ Doubts

[Aakash Raka]

500 tonnes

It is wrong bro it is 1000 tonnes

 

[Aakash Raka]

I guess A.
Is it right?

Yup

 

[B!(+)(+)dy $k(_)!!]

Yup please explain

Consumer Surplus is value to buyer - actual price paid...
That's it...
So read this statement again and again and you'll get the answer as B...

 

[B!(+)(+)dy $k(_)!!]

Yup

Thank you..

 

[B!(+)(+)dy $k(_)!!]

It is wrong bro it is 1000 tonnes

Ummmm....I still think it's 500 tonnes only... :/

 

[Aakash Raka]

In the MS the answer is B but isnt money recognised as capital?

 

[Nimbiee]

Isn't it D ?

View attachment 48921

In the MS the answer is B but isnt money recognised as capital?

 

[Crimson-Saint]

View attachment 48921

In the MS the answer is B but isnt money recognised as capital?

no, in this question everything EXCEPT money is FOP

 

[Crimson-Saint]

Sana Adnan Crimson-Saint
View attachment 48891

whats the answer?

 

[Crimson-Saint]

View attachment 48901

D cus draw a supply graph with demand being perfectly elastic, then draw a shift in supply curve to left and you can see that it still intersects with the same demand

 

[Crimson-Saint]

Why not D? In the MS, it's A.
Lipstick Spoiler you said u'd help after 6th November...
-_-
View attachment 48897

to me D is a clear no no cus i know that A is right as IF other countries devalue thier country more than you devalue your country, then foreign countries would most likely buy goods from the other country and not yours as goods would be cheaper

 

[Crimson-Saint]

Sana Adnan Only you could help me... :/
View attachment 48895

clearly D as capital is something used to produce other goods.....while the other options are examples of other kinds of FOP

 

[Crimson-Saint]

Aakash Raka The answer in the MS is B but as it is provided free, the consumer surplus should be ODD1 so why not D bro...?
Please help...
View attachment 48894

Consumer Surplus is the area shown BELOW the Demand Curve and ABOVE the equilibrium price........and the region shown in option D is ODD1 which is wrong as it includes the region BELOW the equilibrium price...so the only logical answer would be option B

 

[Crimson-Saint]

madoka student8 Lipstick Spoiler
View attachment 48893

whats the answer? in ms?

 

[Crimson-Saint]

ANS is d

 

[B!(+)(+)dy $k(_)!!]

View attachment 48927
ANS is d

Yupp it is D...
An increase in demand will increase the quantity while it'll raise the price too...
An increase in supply will also increase the quantity but the price will decrease...
So this will definitely increase the quantity and price will not be changed...
Clear?

 

[B!(+)(+)dy $k(_)!!]

whats the answer?

A.
Please help!!

 

[B!(+)(+)dy $k(_)!!]

Consumer Surplus is the area shown BELOW the Demand Curve and ABOVE the equilibrium price........and the region shown in option D is ODD1 which is wrong as it includes the region BELOW the equilibrium price...so the only logical answer would be option B

But the equilibrium price is zero as stated in the question..

 

[B!(+)(+)dy $k(_)!!]

whats the answer? in ms?

The answer in the MS is B...
Help!

 

[B!(+)(+)dy $k(_)!!]

Isn't it D ?

Roads come under land FOP so D cannot be possible...
So by elimination method, only B is the answer!