• We need your support!

    We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
    Click here to Donate Now (View Announcement)

A2 ECONOMICS: Guess Paper-4

Status
Not open for further replies.
Messages
138
Reaction score
16
Points
28
11C Steeper demand curve is found in monopoly and oligopoly. As it is industry demand curve so it shows that there are more than one firms in the market. It shows an oligopoly market structure. Where as in monopoly there is only single seller in the market and firm in itself is an industry. So, we need not to show industry demand curve in case of monopoly. It is not the matter of AC. ok.

Okay so what is the shape of industry demand curve in perfect competition or monopolistic comp?
 
Messages
1,260
Reaction score
676
Points
123
Why is the answer D? and Why not C? coz exchange rate does act as an anti inflationary tool..
open market operation is the part of monetary policy (monetariss point of view) exchange rate is not dampening policy to be considered in fiscal or monetary policy.
 
Messages
1,260
Reaction score
676
Points
123
I have a doubt in question 19 in the following paper

19D It is A.fact because in straight line consumption function change base and perpendicular remains the same due to which mpc will remain he same but apc will rise continuously as its movement is towards consumption(y-axis). so, mpc is less than apc.
 
Messages
29
Reaction score
4
Points
13
19D It is A.fact because in straight line consumption function change base and perpendicular remains the same due to which mpc will remain he same but apc will rise continuously as its movement is towards consumption(y-axis). so, mpc is less than apc.
thank you sir
 
Messages
138
Reaction score
16
Points
28
Qamar Baloch said:
11C Steeper demand curve is found in monopoly and oligopoly. As it is industry demand curve so it shows that there are more than one firms in the market. It shows an oligopoly market structure. Where as in monopoly there is only single seller in the market and firm in itself is an industry. So, we need not to show industry demand curve in case of monopoly. It is not the matter of AC. ok​

Okay so what is the shape of industry demand curve in perfect competition or monopolistic comp? Qamar Baloch
 
Status
Not open for further replies.
Top