Economics, Accounting & Business: Post your doubts here!

[Sarah Paul]

this is for business
break even point = fixed costs/ contribution per unit
contribution per unit=selling price-variable costs
selling price = 108000/900 =120
vc per unit = (45000+28800+13500)/900=97
therefore breakeven = 27000/(120-97)
=1174 units

1174 * 120 (selling price) = $140880 breakeven in value

do the same for factory!

i got the same answer as urs bt it varies with a few units

 

[David Hussey]

i got the same answer as urs bt it varies with a few units

i guess its ok
confirm with you teacher
y rnt u in school?

 

[Sarah Paul]

i guess its ok
confirm with you teacher
y rnt u in school?

took a break prbably i wnt b going this week
ya i called and asked she was like k

 

[David Hussey]

took a break prbably i wnt b going this week
ya i called and asked she was like k

lol even ur not going, so am i

 

[Hasa321]

can any1 explain the question 13 to me? the answer is C
Here is the link
http://maxpapers.com/wp-content/uploads/2012/11/9708_s13_qp_31.pdf

 

[Hasa321]

Can any1 help me with question 2 and 19? i dnt knw hw to get the answer for them. Here is da link :
http://maxpapers.com/wp-content/uploads/2012/11/9708_w13_qp_3.pdf

Da answer is B for 2 and B for 19

 

[Sarah Paul]

lol even ur not going, so am i

its no use going nowadays so staying back and studying

 

[Sarah Paul]

Good notes on cost push inflation and demand pull inflation not satisfied with the text book and my schhol notes isnt that detailed

 

[Sarah Paul]

Can someone explain how an appreciation in the exchange rate cause a surplus in the Balance of Payment?

 

[AlphaBeta]

Can someone explain how an appreciation in the exchange rate cause a surplus in the Balance of Payment?

http://www.s-cool.co.uk/a-level/economics
Detailed notes

 

[Sarah Paul]

http://www.s-cool.co.uk/a-level/economics
Detailed notes

thanks

 

[rackstagryan]

Can any1 help me with question 2 and 19? i dnt knw hw to get the answer for them. Here is da link :
http://maxpapers.com/wp-content/uploads/2012/11/9708_w13_qp_3.pdf

Da answer is B for 2 and B for 19

hey i can explain the 19th one but i'm not quite sure if my working is right okay
so yeah :-

a $100 increase in national income is distrubuted in the following way = $10 in taxes $25 in imports and $15 is saved. since there is a shortage of $50 we take that as government spending.
therefore :- 100=10+25+15+50

now in the above equation substitute the 100 with 50000 and multiply the rest of the components by 500 too. Your government spending value would then be (50*500) which is equal to 25000

sorry if the explanation is too confusing. this is the easiest i could do :3 and i have an explanation for the second one also. i could explain if u can understand this

 

[Sarah Paul]

Can someone help me with the diagram of the managed exchange rate system?

 

[Hasa321]

hey i can explain the 19th one but i'm not quite sure if my working is right okay
so yeah :-

a $100 increase in national income is distrubuted in the following way = $10 in taxes $25 in imports and $15 is saved. since there is a shortage of $50 we take that as government spending.
therefore :- 100=10+25+15+50

now in the above equation substitute the 100 with 50000 and multiply the rest of the components by 500 too. Your government spending value would then be (50*500) which is equal to 25000

sorry if the explanation is too confusing. this is the easiest i could do :3 and i have an explanation for the second one also. i could explain if u can understand this

Thanx alot

 

[TheZodiac]

Can someone help me with the diagram of the managed exchange rate system?

 

[Sarah Paul]

View attachment 37802

View attachment 37802

Can u explain it too pls

 

[AlphaBeta]

explain the incidence of subsidies for perfectly elastic/inelastic demand and supply curves pls

 

[TheZodiac]

explain the incidence of subsidies for perfectly elastic/inelastic demand and supply curves pls

Perfectly Elastic

Perfectly Inelastic

 

[TheZodiac]

Can u explain it too pls

Sure, in case of managed floating exchange rate, the government sets up boundaries so that the exchange rate could fluctuate within those boundaries. If the exchange rate gets across those boundaries, the government intervenes in the market and brings back the exchange rate within that boundary.

 

[TheZodiac]

explain the incidence of subsidies for perfectly elastic/inelastic demand and supply curves pls

The graphs are presented above. When the government announces subsidy for a firm, the supply curve for the firm shifts rightwards and it means that it has increased, due to this, the cost of the product decreases. However, in case of perfectly elastic demand, the provision of subsidy has little or no effect on the price level.