Economics p3 post ur doubts here..:)

[David Hussey]

i guess da answer is C man , i did this question b4 too , and 3rd worker is 8.66 4th worker only 8.5 , so 4th

dude u need to find the marginal product
check the link i posted above^^^

 

[AlphaBeta]

how D ?

 

[David Hussey]

View attachment 44629
how D ?

hw d? :/
isnt the markschem answer A for this?

 

[AlphaBeta]

hw d? :/
isnt the markschem answer A for this?

D not A bcz umemployment Decreasing man

 

[AlphaBeta]

in a past question they put umemployment increasin and gav da answer as A

 

[David Hussey]

check mark scheme of 2008 may june
question number 27
ans is A
:/

 

[AlphaBeta]

Dude there it says
here decrease

 

[David Hussey]

blimey... :/

 

[:: A^]

View attachment 44629
how D ?

D means labour force is decreasing. So if LF decreases, both employed and unemployed reduce.

 

[:: A^]

dude u need to find the marginal product
check the link i posted above^^^

yup the answer is Third worker.

 

[David Hussey]

:: A^
u posted this doubt b4 i remember, and unique111 explained it
can u tell how to get D? :/

 

[AlphaBeta]

:: A^
u posted this doubt b4 i remember, and unique111 explained it
can u tell how to get D? :/View attachment 44637

twice as much utility means MU = 2 fr banana ,and 1 fr apple
equi margianl principle = MU /P
so 2/1=1/0.5
so dont change

 

[cool Asviva]

http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_s12_qp_31.pdf

http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_s12_ms_31.pdf
question # 17, 22 and 29.
anyone?

 

[AlphaBeta]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s12_qp_31.pdf

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s12_ms_31.pdf
question # 17, 22 and 29.
anyone?

Q17 , to inc money supply hav to borrow from banking sector , so MS will inc , expansionary monetary policy

 

[:: A^]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s12_qp_31.pdf

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s12_ms_31.pdf
question # 17, 22 and 29.
anyone?

Q22 is B because when u buy foreign currency, u supply ur own currency.
Q29 is A coz AS level - impact of a quota - increases the price received by the seller.

 

[David Hussey]

B

 

[David Hussey]

C

 

[:: A^]

BView attachment 44638

Revenue maximisation. MR = 0

A
View attachment 44639

Answer is C

 

[David Hussey]

BView attachment 44638

but how do u know its revenue max ?

 

[David Hussey]

Revenue maximisation. MR = 0

Answer is C

sorry yea C
how?