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Economics paper 12 9708 discussion

Thoughts on difficulty

  • Bloody living shoiiet!! It was hell

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I remember it increasing by the whole thing, the trapezium. and i guess you're right... Im not sure whether expenditure decreased. I mean, i guess expenditure decreased according to the area of the graph. PxQ. Since price has been lowered by maximum price, and the demand was made by the same consumers... i just thought that maybe their expenditure has fallen? haha
 
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i basically wanted some help on the questions that came. esp the tricky ones. please :) bro.
 
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Legal tender is banks and coins, so thats not the right answer.And its noy intrinsic value either, as thats's the value of the shit the money is made out of, so most likely their cheaper?
for the paper money i have put it is cheaper to produce and i crosschecked it with my teacher
 
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Can someone provide the correct answers to all questions plz? I think i made hell a lot of mistakes :'(
 
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