Economics 2281/12: How did it go???

[Ram97]

If you're a science student, why are you appearing for Economics?

Well in my school I have Physics as compulsory and I had to either choose Chemistry or Accounts or Biology or Economics. So, I took Chemistry and Eco

 

[Ram97]

Yes.

What about the rural to urban one? Was it decreased external cost or increased use of labour?

I did increased external cost

 

[Ram97]

Was there any MCQ which had options External and Internal Economies/Diseconomies of Scale??

 

[Dark Destination]

I did increased external cost

I did increase use of labour :/

 

[Dark Destination]

Was there any MCQ which had options External and Internal Economies/Diseconomies of Scale??

Yes, but i chose the option that didn't have economics of scale.. WHY DONT I REMEMBER :/

 

[SonamKhan]

I did increased external cost

So did I.

The one about the motorists? I chose the option that had opportunity cost in it but I'm feeling iffy about that.

 

[Dark Destination]

So did I.

The one about the motorists? I chose the option that had opportunity cost in it but I'm feeling iffy about that.

I chose opportunity cost, too. And i think it's right.

 

[SonamKhan]

Was there any MCQ which had options External and Internal Economies/Diseconomies of Scale??

I think the answer was simply economics of scale, no?

 

[Ram97]

So did I.

The one about the motorists? I chose the option that had opportunity cost in it but I'm feeling iffy about that.

I did that too and it was correct..

 

[Dark Destination]

That second mcq, about PPC, i did B first. Then erased it, and did C before handing in the paper. :/

 

[Ram97]

I think the answer was simply economics of scale, no?

Do u remember that MCQ??

 

[SonamKhan]

Do u remember that MCQ??

No.

 

[SonamKhan]

The Nokia MCQ, my friends have been saying it was D "industrial action" i don't understand why.

But I chose the technology one which is wrong no matter how u spin it so

 

[Layla..]

But insurance companies are from the private sector? .-.

But PUBLIC SECTOR is involved in the welfare of society and providing services like cleaning up..

What was the question? Municipal enterprises (public sector) are involved in cleaning stuff and all..

 

[Dark Destination]

What was the question? Municipal enterprises (public sector) are involved in cleaning stuff and all..

It was like, which is not a public sector thingy. And there were options.
A was something related to travel insurance.. i did that..
All other seemed like public sector work..

 

[Layla..]

That second mcq, about PPC, i did B first. Then erased it, and did C before handing in the paper. :/

Answer was b as it defines allocative efficiency

 

[Layla..]

It was like, which is not a public sector thingy. And there were options.
A was something related to travel insurance.. i did that..
All other seemed like public sector work..

I think it's right

 

[Dark Destination]

Answer was b as it defines allocative efficiency

Which one?

 

[Dark Destination]

I think it's right

We had different mcq papers?

 

[Layla..]

Which one?

The second one in which there was PPC curve with food and clothes?