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eco pap 4 doubts !!!!

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***exam***:
i thought the same 4 q2 !! but the ms talks abt some weird consumer n producer  sovereignty :/

oh ohk q6 !! like multiplier n stuff ?

Dasith:

--- Quote from: ***exam*** on June 06, 2011, 01:39:19 pm ---i thought the same 4 q2 !! but the ms talks abt some weird consumer n producer  sovereignty :/

oh ohk q6 !! like multiplier n stuff ?

--- End quote ---

yea for 2 , we ultimately explain those two terms when we say about hw resorces are allocated in market structures , i.e in free market/ perfect competition  consumer soverignity i.e prices are controled by consumers & in other markets i.e monopolistic & oligapolistic markets more or less towards producers , they set the price & resorces. so we explain about em when we talk abot different market structures , thaugh we might not specifically name em :D

yea in q6 u could explain about multiplier ,

***exam***:
oooohhh k !!! :P now i get it !! Thanks a zillion !!  :D :D :D

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