Economics, Accounting & Business: Post your doubts here!

[Crimson-Saint]

why the answer over here is D and not B.... SitiPutri SamiaSaad

 

[Crimson-Saint]

Oct Nov 2007:
Qstn. 13
How to attempt these type of qstns?

uhmm here i guess is if u start from P1 and Q1 and reduce the price and reduce the supply...u eventually make it to the equilibrium price.....thts wht i did :/

 

[SitiPutri]

View attachment 42464


why the answer over here is D and not B.... SitiPutri SamiaSaad

Hi! You haven't done your exam yet? I finished 2 hours ago and I think I made a couple of silly mistakes. Ugh!!!

Btw. Okay look, the fare is reduced by PW means that now the price is W. When the fare is W, demand is T, isn't it?
Thus, the initial total expenditure on train is PVOR (fare is P demand is V)
And when fare is W and demand is T, the total expenditure becomes WTOS.

The difference between the two expenditures is URST.

 

[Sarah Paul]

Hi! You haven't done your exam yet? I finished 2 hours ago and I think I made a couple of silly mistakes. Ugh!!!

Btw. Okay look, the fare is reduced by PW means that now the price is W. When the fare is W, demand is T, isn't it?
Thus, the initial total expenditure on train is PVOR (fare is P demand is V)
And when fare is W and demand is T, the total expenditure becomes WTOS.

The difference between the two expenditures is URST.

View attachment 42472

Yes SitiPutri bt make sure that u dont let out any questions

 

[SitiPutri]

Yes SitiPutri bt make sure that u dont let out any questions

Haha of course! Why would I. Good luck!

 

[Sarah Paul]

Haha of course! Why would I. Good luck!

Im done with it

 

[SamiaSaad]

What an easy paper that was

 

[Crimson-Saint]

wait how did u guys do it....which varience are u?

 

[Sarah Paul]

What an easy paper that was

I knw rite Alhamdulillah

 

[Sarah Paul]

wait how did u guys do it....which varience are u?

Variant 22
We did it in the morning

 

[Crimson-Saint]

im var 11....hahah wht was the difficulty of the paper from a scale of 1-10

 

[Sarah Paul]

SitiPutri SamiaSaad @Crimson-Sain do ull do BS too?

 

[Crimson-Saint]

i done business studies last year.....got a B.....phew....dont wana go through that agaaiin

 

[SamiaSaad]

Nope I don't

 

[SamiaSaad]

im var 11....hahah wht was the difficulty of the paper from a scale of 1-10

Lol each varient has different questions

 

[Sarah Paul]

i done business studies last year.....got a B.....phew....dont wana go through that agaaiin

For AS?

 

[Crimson-Saint]

Lol each varient has different questions

awwww maaan tht freaked me out.......hope its easy though

 

[Crimson-Saint]

For AS?

yep

 

[Sarah Paul]

yep

u have BS p1 tomarow ryt?

 

[hellblender]

Paper 2 Econs will be difficult for sure. My p1 today was variant 12.