Economics doubt P3 and P4, post it all in here!

[rupa]

Price is 1, so MPL=MRP.
So in a PC amrket, u employ until MRP = W.

can u explain in detail....pls i didn't get it ...

 

[Lostsoul]

How about I take

from 1980 to 1990 both inflation and unemployment fell,while gdp rose(economic growth).usually theres a trade-off between inflation and unemployment,but from 1980 to 1990 there was no trade-off. in all the other options,the country either didnt achieve growth and/or saw an increase in unemployment and/or inflation.so d is the only possible answer.

iT tbis wat... like for the last year economic growth happened, unemployment decreased so did inflation. Is it a correct justification?

 

[Martee100]

because MP does increase after the first point, whereas after the second point, it reduces.

Thanks a lot.

 

[rupa]

how to do question 14.. answer is B, and question 19, answer B
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s10_qp_32.pdf

19th
okay see when there is a increase in income there is a increase in consumption tooo...
so the answer is B

 

[acer786]

help please ? how to determine economist's cost in THIS case ?

 

[Lostsoul]

help please ? how to determine economist's cost in THIS case ?

Is the answer 20,000?

 

[Martee100]

Is the answer 20,000?

30 000

 

[Martee100]

Answer is D.

Why.....?

 

[Lostsoul]

30 000

Oww okay. Thanks

 

[Lostsoul]

Oww okay. Thanks

30 000

Seems to be a very old year. What year?

 

[Lisa Mccoy]

s
any ideas guys??? why its B??

 

[Lostsoul]

sView attachment 44833
any ideas guys??? why its B??

What year?

 

[Lisa Mccoy]

What year?

w06

 

[3fatak]

did anyone give economics variant 1?

 

[David Hussey]

did anyone give economics variant 1?

a new thread has been created for econ 31

 

[David Hussey]

https://www.xtremepapers.com/community/threads/economics-paper-31.34414/