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Agree,wish I could just rewind time.Relieved that CPA didn't come though
Could be, but that isn't like the main factor :/ Did you manage to write anything else? Sucks when theres shortage of time
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Greetings my comrades. How was your's exam. Mine was the best exam given so far!
oh well,can't change the past now.Need to concentrate on Eco and score well there.Could be, but that isn't like the main factor :/ Did you manage to write anything else? Sucks when theres shortage of time
It was ok! Was it 7 and 3.125?
well using AS concepts. At q2, you can see the difference in the 2 supply curves, so comparing the 2 supply curves, A & B is the amount of subsidy the govt. had to pay for the increase in Output (to decrease the price), which will obviously be a cost to our economy. B is the increase in Consumer Surplus due to the increase in output & fall in Price. The difference therefore is A+B - B = A.
yeah thats how I did it toowell to be honest I used the Elimination method...where I eliminated all the impossible answers... because it's ofcourse not A and C ....D only occurs if there is specialisation ... so B is left
Just messed up question 5. I mean it wasn't in the right order. There was no order actually
Time killed me.Had to do 3 qs in 1 hour and because of that my thought process completely changed.Could have done so much better,how was yours?
well using AS concepts. At q2, you can see the difference in the 2 supply curves, so comparing the 2 supply curves, A & B is the amount of subsidy the govt. had to pay for the increase in Output, which will obviously be a cost to our economy. B is the increase in Consumer Surplus due to the increase in output & fall in Price. The difference therefore is A+B - B = A.
yeah thats how I did it too
After Accounts this question seemed.. Well lets just say I solved it in a minuteIt was ok! Was it 7 and 3.125?
Mr.Cartman,Ill be requiring a lot of help from you in Eco.So please don't go off early.well using AS concepts. At q2, you can see the difference in the 2 supply curves, so comparing the 2 supply curves, A & B is the amount of subsidy the govt. had to pay for the increase in Output, which will obviously be a cost to our economy. B is the increase in Consumer Surplus due to the increase in output & fall in Price. The difference therefore is A+B - B = A.
yeah thats how I did it too
You mean Q6. No im not. I did that one too, it was easy!
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