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Economics, Accounting & Business: Post your doubts here!

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so for a luxury good, as consumption increases the marginal utility increases? the diagram will be the opposite?
Yup. If I give you a diamond, you'd be very happy but if I give you 2 diamonds, you'd be even happier. :p
There would not be a diagram for this because this renders the law of diminishing marginal utility invalid.
 
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I haven't done too many Past Papers on Economics P4 other than the last couple of years.

Could anyone tell me if there are similar questions for Section B that have repeated over the years or on what "Chapters" do they mostly come on?

Just a general idea or is it completely random questions each year for Section B? :S
Any help is much appreciated. :)
 
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Can you also tell how to answer this question:

How is the interest rate determined in the money market and how it may change. Explain the loanable fund theory in this regard. [13]

Explain what is interest rate.
Thinks which make it changed such as Crowding out in a fiscal policy or the supply and demand for money.
Explain demand and supply of loanable funds and how they may change.
Draw the graph of loanable funds theory.find it on net...
Give a scenario or two and explain determination of interest rate.conclude.
 
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Hi, Can someone please help me out with this, I am solving may/june 2013 (32) economics paper and cant seem to solve question number 2. can someone please help me out and also write down some pointers that i need for marginal utility please

Thankyou so much in advance

Regards
 

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Hi, Can someone please help me out with this, I am solving may/june 2013 (32) economics paper and cant seem to solve question number 2. can someone please help me out and also write down some pointers that i need for marginal utility please

Thankyou so much in advance

Regards
this is easy , 1=2 so they say 6 therefore 6=12
so u hav to find da diff in 12 , which is there in 5 units :)
 
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hello everyone.....
can someone help me in business,as i am doing my A levels and exams is on Monday,so pls suggest me how to present the paper?
BS p3 yeah? i'm sitting that too. my biggest problem happens to be "insufficient content" even though i give all the points. It's such an impossible subject. does anyone have any specimen answers of an A grade student?
 
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Q- “Consider your own personal potential accounting related occupation in the next 3 to 5 years

Q- “Earnings management is legal and used so company profits are as high as possible to increase share value”. Discuss this comment.

SalmanPakRocks, kindly help me with these questions. :/
 
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