Economics paper 11

[abdulhafeez]

So guys how did it go?

 

[bilal khan ksa]

It was good. I know I'm not getting 30 out of 30 as I messed up the Indirect Tax question, I picked the $70 answer, friends say it was $100 >.<. What did you get for the Average cost one?

All in all a really good paper, getting less than 25 will be a massive upset for me.

 

[abdulhafeez]

It was good. I know I'm not getting 30 out of 30 as I messed up the Indirect Tax question, I picked the $70 answer, friends say it was $100 >.<. What did you get for the Average cost one?

All in all a really good paper, getting less than 25 will be a massive upset for me.

yes it was 100... and could you remind me the average cost one question?? AS far as i remember it was $30... and IN SHA ALLAH.. you will get good grade don't worry..you'll get more than 25

 

[bilal khan ksa]

yes it was 100... and could you remind me the average cost one question?? AS far as i remember it was $30... and IN SHA ALLAH.. you will get good grade don't worry..you'll get more than 25

Average cost I don't exactly remember. I don't remember my answer either . I wish the same for you , IN SHA ALLAH.

 

[sameer malik]

can anyone of you post answers as far as you remember !!

 

[abdulhafeez]

^ why don't you take help from marking scheme.. and make answers in your own words..using good vocab.. Vocabulary is the main asset for eco students.
May Allah help you ameen.

 

[Mishz1]

Average cost one was $30.
The last question's answer was A.
The PPF graph's answer was B.
I have a doubt in one question. If monopolies would charge the same price as the cost of production, would the policy used be minimum price or regulation?

 

[bilal khan ksa]

Average cost one was $30.
The last question's answer was A.
The PPF graph's answer was B.
I have a doubt in one question. If monopolies would charge the same price as the cost of production, would the policy used be minimum price or regulation?

last question ans was A? It was the crisis one yes? I picked C, which was something about oil production in Saudi Arabia.

 

[Mishz1]

Haha, I picked C too, but it's actually A.

 

[bilal khan ksa]

Haha, I picked C too, but it's actually A.

I would like an explanation, please.

 

[abdulhafeez]

Average cost one was $30.
The last question's answer was A.
The PPF graph's answer was B.
I have a doubt in one question. If monopolies would charge the same price as the cost of production, would the policy used be minimum price or regulation?

what did the "B" say? in PPF graph..