Economics, Accounting & Business: Post your doubts here!

[shanky631]

Why is Q18 http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w11_qp_12.pdf
C and not B?

because this is a general rule that quantity doesn't get affected if the maximum price imposed is greater than the equilibrium price. Maximum price should always be lower than the equilibrium price.

 

[student92]

Hey guys I'm appearing for A2 business studies and I really need some help as I'm a bit confused on how to answer questions under Analyse/discuss/evaluate
At the moment I'm doing this question 'analyse the opportunities and threats of a global recession for ASC [10]
1) DEFNITION OF GLOBAL RECESSION
2) POINT ON OPPORTUNITY AND ITS negative n positive IMPACT ON THE BUSINESS
3) SAME WIH THE THREATS
Can anybody tell me where I'm gong worng! It'll be highly appreciated

you are right, just one important note, all points should be relevant to case study, they must be applied to abc
best of luck for your exams!

 

[Analiegh]

I need help with question 9. How do you calculate this?

http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_s07_qp_1.pdf

 

[parthrocks]

Anyone giving A levels economics paper 4????or business studies paper 3????//?

 

[Analiegh]

I need help with questions 7 & 8

http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_s09_qp_1.pdf

TIA

 

[Muhammad Bin Anis]

salam
can someone explain me the following questions? All of them are of Economics AS Level paper 1
Nov 02 - q5, 10, 18
Jun 03 - q3, 4
Nov 03 - q8
Jun 04 - q4, 23
Nov 04 - q4
Jun 05 - q19
Nov 05 - q2, 18, 24, 30
Jun 06 - q15
Nov 06 - q4, 6, 11

 

[vnagda]

I need help with Question 16 in the paper attached below. The answer is C) XZ Why is this? I always choose YZ because of the distance from equiloibrium where D=S at Y. I always get these sort of questions wrong why is this? http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w09_qp_12.pdf

the answer is c because if u look at the diagram ,at price p1 government could buy from x to y but an increase in price (minimum price as the line is above the equilibrium) so at p2 the government can buy from xz
hope u understand

 

[Vinita Manek]

How was a level accounting paper 42???

 

[zainabkhann]

hey guys, i would appreciate if someone can send me some homemade pdf notes on business, any topic doesnt matter. :d

 

[VelaneDeBeaute]

I need help with questions 7 & 8

http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s09_qp_1.pdf

TIA

For Q7, you see first where the equilibrium was established before the implementation of the tax. Where D = S right? And that is at $16. Now see where the equilibrium is after the implementation of tax, where the new S = D, i.e. at $19. So, the tax implemented would be the difference in prices, that is, $3. Option C is correct!

 

[VelaneDeBeaute]

I need help with questions 7 & 8

http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s09_qp_1.pdf

TIA

Q8 calls for the definition of Unit Price Elasticity of demand. This means that an increase in price causes the quantity demanded to decrease by the same percentage. Like, if price increases by 1% then Qd decreases by 1%. Now, total revenue/expenditure on the product = Price X Quantity. Since the change in price cancels out the change in Quantity demanded, the expenditure remains constant. Hence the correct answer would be C.

 

[Analiegh]

the answer is c because if u look at the diagram ,at price p1 government could buy from x to y but an increase in price (minimum price as the line is above the equilibrium) so at p2 the government can buy from xz
hope u understand

omg thank you why didn't i see it like that

 

[Analiegh]

For Q7, you see first where the equilibrium was established before the implementation of the tax. Where D = S right? And that is at $16. Now see where the equilibrium is after the implementation of tax, where the new S = D, i.e. at $19. So, the tax implemented would be the difference in prices, that is, $3. Option C is correct!

Thank you!

 

[Analiegh]

Q8 calls for the definition of Unit Price Elasticity of demand. This means that an increase in price causes the quantity demanded to decrease by the same percentage. Like, if price increases by 1% then Qd decreases by 1%. Now, total revenue/expenditure on the product = Price X Quantity. Since the change in price cancels out the change in Quantity demanded, the expenditure remains constant. Hence the correct answer would be C.

thank you again

 

[Analiegh]

I don't understand Q30 http://www.xtremepapers.com/papers/...d AS Level/Economics (9708)/9708_s07_qp_1.pdf

If there is excess supply at $2.5 per pound then wouldn't it mean the government would have sold it's Pound?

Answer is A, why not C?

TIA

 

[Muhammad Bin Anis]

salam
can someone explain me the following questions? All of them are of Economics AS Level paper 1
Nov 02 - q5, 10, 18
Jun 03 - q3, 4
Nov 03 - q8
Jun 04 - q4, 23
Nov 04 - q4
Jun 05 - q19
Nov 05 - q2, 18, 24, 30
Jun 06 - q15
Nov 06 - q4, 6, 11

 

[Analiegh]

salam
can someone explain me the following questions? All of them are of Economics AS Level paper 1

I think it would be easier if you attached the papers as well

 

[parthrocks]

Any imortant topics for a levels economics paper 4 or bs paper 3?????????for day after tom????

 

[VelaneDeBeaute]

I don't understand Q30 http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s07_qp_1.pdf

If there is excess supply at $2.5 per pound then wouldn't it mean the government would have sold it's Pound?

Answer is A, why not C?

TIA

Are you sure you mentioned the doubts for Q30. Because Q30 does not ask for any selling out of currency.

 

[zainabkhann]

Guys can someone help me with this, Alevel business studies, I just want to know where i can get information on the following subtopics from the book: Cambridge international As and Alevel second edition by peter stimpson and alaistar Farquharson, the first topic Enterprise, it says in the syllabus, that you you should study the following sub topics, and it says (what a business needs to succeed) and (business environement is dynamic) page 14 okey, im attaching the 2013 syllabus for business studies aswell, so you can see, if anyone has the same book as me, please let me know where i can find information on these headings in the first chapter of the book which is enterprise. Thanks!