Economics, Accounting & Business: Post your doubts here!

[Echelon94]

hey Mcqs time yet for anyone? check them when it is time.
Thanks

 

[Anusuya]

did 3 and 5
Anyone did 3?!

yes 3 and 5

 

[Anusuya]

I attempted market structure wala question, got confused and had no time. Screwed it up

same thing happened to me. moreover for the part b question of AVC i overlooked it as average cost at first. after i wrote the whole long answer of part arealised it was AVC...sth i had no much idea abt.

 

[Anusuya]

I attempted market structure wala question, got confused and had no time. Screwed it up

btw wat are we supposed to write here??

 

[MnMz]

hey Mcqs time yet for anyone? check them when it is time.View attachment 12302
Thanks

Where did you get those mcqs??

 

[MnMz]

lol why?

Just a question

 

[Saad Ghori]

btw wat are we supposed to write here??

AVC is kind of a supply curve, that is the part above the mc=avc. And the firm will only produce upto the output where mr=avc. If avc rises above that than the company has to close down the production.
For the profit part I said that AVC+AFC=ATC which can then be used to determine the profitability of the business. I had no idea what to write :/

 

[Saad Ghori]

quite impressive
its not a metal but listen to this

Soothing!

 

[Anusuya]

AVC is kind of a supply curve, that is the part above the mc=avc. And the firm will only produce upto the output where mr=avc. If avc rises above that than the company has to close down the production.
For the profit part I said that AVC+AFC=ATC which can then be used to determine the profitability of the business. I had no idea what to write :/

I also wrote exactly the same thing....and idk i also included the break even output n all. and for the second part i just wrote that if a firm has a lower avc its profit might increase....more or less its all that u wrote.

 

[redapple20]

Mai 1 raat is thread pe nahi ayi! Yahan to delhi ujar gayi!!!!! ( mahawra hai)
tum log to bilkul sathya gae! WaleedUQ Saad Ghori @echolon94

 

[Saad Ghori]

I also wrote exactly the same thing....and idk i also included the break even output n all. and for the second part i just wrote that if a firm has a lower avc its profit might increase....more or less its all that u wrote.

Well then lets hope we both score well!

Mai 1 raat is thread pe nahi ayi! Yahan to delhi ujar gayi!!!!! ( mahawra hai)
tum log to bilkul sathya gae! WaleedUQ Saad Ghori @echolon94

Haina? xD

 

[MnMz]

Could someone please explain how to calculate fixed budget?

 

[Saad Ghori]

Different variants have same mcqs right?

 

[redapple20]

WaleedUQ yar mera ppr nhi tha to i had jawed nihari then mango shake then i slept got up at 2 then namaz then was learning how to make an ansoff matrix phir abhi farig hui aur lyt jane wali! i hear tmhara ppr acha hua! Good to hear yar!

 

[MnMz]

Different variants have same mcqs right?

Yep...in different orders

 

[Saad Ghori]

Yep...in different orders

Well thats the case in most years, except november 2011. 33 and 32 are different

 

[MnMz]

Well thats the case in most years, except november 2011. 33 and 32 are different

Good that means more practice material

 

[Faadii]

lmao yes!
My friend couldn't even sit up for just 2.15 econ paper today!
I can imagine BS3...
goodluck on the rest anyways

hmm u too !

 

[MnMz]

Saad Ghori can you try these questions man? they are from the 2010 specimen paper of Accounts. they are not like new or something, but my answers aren't coming right...

which one are you not getting right??

 

[Saad Ghori]

Saad Ghori can you try these questions man? they are from the 2010 specimen paper of Accounts. they are not like new or something, but my answers aren't coming right...

Okay im sure the mark scheme is incorrect!