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Jazakallah BroPerfectly Elastic
Perfectly Inelastic
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Jazakallah BroPerfectly Elastic
Perfectly Inelastic
That means for perfectly inelastic supply also there is no effect on price right?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.
and if it is normal inelastic/elastic demand , then who will bear most of the subsidies burdenThe 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.
Tax is a burden, subsidy is paid to the producer in case he's producing merit goods and thus generating positive externality. Subsidy allows the output to be reached at SOL/Optimum resource allocation point/Pareto opitmality point.and if it is normal inelastic/elastic demand , then who will bear most of the subsidies burden
For perfectly elastic not in-elastic.That means for perfectly inelastic supply also there is no effect on price right?
Who is going to benefit more(producr or consumers) ...if it is elastic and inelastic demand and supply curvesTax is a burden, subsidy is paid to the producer in case he's producing merit goods and thus generating positive externality. Subsidy allows the output to be reached at SOL/Optimum resource allocation point/Pareto opitmality point.
Whole Section?Can someone answer the section A of this paper :/
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w09_qp_42.pdf
No man, im like totally blank with equi marginal principles and all that.. Got any good notes?Whole Section?
There must be some questions you could do? Try to answer then and check if you did so correctly by matching them with MS!
I'll provide you with notes. It's not so hard, but please give me some time.No man, im like totally blank with equi marginal principles and all that.. Got any good notes?
1) Just consider it a simple asset a business uses. During the period of Inflation, it's money value would rise but the real value would remain the same. Answer is BNeed help in the following questions:
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s04_qp_1.pdf Q25
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s06_qp_1.pdf Q19 24 and 27
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s08_qp_1.pdf Q8 and 12
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s12_qp_12.pdf Q17
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w04_qp_1.pdf Q24
I want explannations
good luck1) Just consider it a simple asset a business uses. During the period of Inflation, it's money value would rise but the real value would remain the same. Answer is B
I'll answer the rest tomorrow, Insha'Allah. Really tired now and I've my mock exam tomorrow.
Sure bro.. Ill be waiting Jazakallah!I'll provide you with notes. It's not so hard, but please give me some time.
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