Economics, Accounting & Business: Post your doubts here!

[youzair]

wb the narrative..?

1. for drawings
Owner withdraw stock worth $200
2. for reinvest
Owner invested $200 as a capital

 

[youzair]

wb the narrative..?

1. for Drawings
Owner withdraw $200 worth stock.

2. for Reinvest
Owner invest $200 in business as capital.

 

[mimiswift]

W
hat are your doubts??

i have doubts in Economics A2-P3
O/N'07- qns 10,2027,29
QP-http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_w07_qp_3.pdf
MS-http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_w07_ms_3.pdf

p31 O/N '11-2,3,9,24,29 & 30
QP-http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w11_qp_31.pdf
MS-http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w11_ms_31.pdf

p3 O/N '08-25 What would increase an economy’s actual output but not its potential output?
A an increase in the capital available to the labour force
B an increase in the labour force’s skill level
C an increase in the number in the labour force
D an increase in the proportion of the labour force employed

ANSWER IS "D"

P31-O/N'09- 5,6,8,9,10,13,18,21,24,26,27 & 29
QP-http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w09_qp_31.pdf
MS-http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w09_ms_31.pdf

P31 O/N 2010- 20,27,28 & 30
QP-http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w10_qp_31.pdf
MS-http://www.xtremepapers.com/papers/... AS Level/Economics (9708)/9708_w10_ms_31.pdf

P3 O/N 2006- 4,16,18,21 & 23
QP-http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_w06_qp_3.pdf
MS-http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_w06_ms_3.pdf

PLEASE HELP ME OUT!!!

 

[mimiswift]

hi!!!
can some one help me with over and under absorbed overheads? i find it really confusing.

tell me about it!
i always get confused with them.

 

[redapple20]

I don't know company!

 

[Paradoxical]

Ugh, I'm really starting to stress out about the economics exams now. I've had to self-teach the whole A Level in one year and I really don't think my preparation is good enough. I really need an A and it doesn't look like that will be happening now.

 

[Esme]

The ans is B.
I understood that the price would be lowe but why will the costs of production be higher ??

 

[Esme]

Correct me plz if im wrong.
The ans is C because :
Lower cost of steel means lower price of motor cycles.whcih in turn will increase their demand and as perol is a complementary good its demand will also icrease.

 

[student92]

The ans is B.
I understood that the price would be lowe but why will the costs of production be higher ??View attachment 9050

which paper is this?
check the er, maybe something id written about it
i think its b because firstly its obvious wither a or b , beacuse this is a case of trade creation
see the question
and the cost of producing the cars imported in to country x, which is the cars which country v makes, so their cost would be up now, they have to pay the common tarrif now

 

[student92]

yes you are correct for this question

 

[00mfr]

Correct me plz if im wrong.
The ans is C because :
Lower cost of steel means lower price of motor cycles.whcih in turn will increase their demand and as perol is a complementary good its demand will also icrease.View attachment 9051

C indeed is the right answer

 

[Esme]

yes i checked the er.
i got it now. but the reason you'r giving is not what the er says.
bw this is M/J 2003.

 

[Esme]

yes you are correct for this question

C indeed is the right answer

Thanks =D

 

[Esme]

The answer is C. i understood that the market makes quick decisions but why cant it be B. ?

 

[00mfr]

The answer is C. i understood that the market makes quick decisions but why cant it be B. ?
View attachment 9057

why not D ??

 

[Paradoxical]

The answer is C. i understood that the market makes quick decisions but why cant it be B. ?
View attachment 9057

I'm not sure but I'd say it can't be B because a lot of the time market economies produce luxuries instead of essential goods. This is because people with higher incomes will be demanding these goods. So, even if people of lower incomes need a particular good to be produced their demand won't be registered by the market since it might not be effective demand.

And maybe something to do with merit goods? I'm not sure.

What I've written is a little confusing so you might not understand what I'm trying to say. Hope it helps you a little anyway.

And if I'm incorrect, please feel free to correct me.

 

[Esme]

I'm not sure but I'd say it can't be B because a lot of the time market economies produce luxuries instead of essential goods. This is because people with higher incomes will be demanding these goods. So, even if people of lower incomes need a particular good to be produced their demand won't be registered by the market since it might not be effective demand.

And maybe something to do with merit goods? I'm not sure.

What I've written is a little confusing so you might not understand what I'm trying to say. Hope it helps you a little anyway.

And if I'm incorrect, please feel free to correct me.

i think wht you hav explained is for option D. this is where all consumers do not have equal say in what should be produced.

 

[Esme]

why not D ??

Because of this reason :

I'm not sure but I'd say it can't be B because a lot of the time market economies produce luxuries instead of essential goods. This is because people with higher incomes will be demanding these goods. So, even if people of lower incomes need a particular good to be produced their demand won't be registered by the market since it might not be effective demand.

And maybe something to do with merit goods? I'm not sure.

What I've written is a little confusing so you might not understand what I'm trying to say. Hope it helps you a little anyway.

And if I'm incorrect, please feel free to correct me.

 

[00mfr]

I'm not sure but I'd say it can't be B because a lot of the time market economies produce luxuries instead of essential goods. This is because people with higher incomes will be demanding these goods. So, even if people of lower incomes need a particular good to be produced their demand won't be registered by the market since it might not be effective demand.

And maybe something to do with merit goods? I'm not sure.

What I've written is a little confusing so you might not understand what I'm trying to say. Hope it helps you a little anyway.

And if I'm incorrect, please feel free to correct me.

ur ryt. see the need of someone could be the provision of the bus but resources will only be allocated to the most profitable use which might be a car (car is a luxury which equals more money) and therefore needs are not satisfied. not sure but hope i made it clearer

 

[00mfr]

Because of this reason :

hold on
u said it cant b C
Paradoxical said it cant b "B"
"A" is definitely not an option
so it has to be "D" as i said