Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
abhia:
--- Quote from: aangel42 on May 27, 2010, 03:04:51 pm ---okaaaay so it's kind of like "substitution"? lol for lack of a better word
i mean ok so you're right it makes sense that supply is fixed, and they've told you that share prices went down, so it's like you have to figure out what CAUSED them to go down? and the only thing that could have is a decrease in demand.
right? is that how you figured it out?
By the way thank you!!!!!!!! +rep
good luck for tomorrowwww :)
--- End quote ---
i wouldnt really call it subsitution, but if that helps you understand it, i guess so.
By the way!! not every question has a fixed supply, sometimes you have to move the supply instead of the demand.
In this case the supply is fixed, because the only thing that is shifting is the demand.
as you can see on the graph the demand curve moves to the left so it decreases in demand.
you are showing the price as decreasing because
as you can see the first price line, is going down to the second price line showing a decrease in demand.
i've attached another graph for more clear understand i forgot to put this on the first graph sorry.
Choc.Kits:
Hey guy. I need all the inserts for the paper 3's. I dont have any! can someone please direct me to a site or something. Thank you :)
Mathewness:
How do we revisie for this? the paper 3s are messed up, theres no paper 3 for other years ???
Anyone know how to revise?
Freaked12:
exam is exactly like other years but you have to write on the book let.Do some practise of these questions
(WHAT DO YOU NEED TO KNOW.....)
these are allocated the highest marks so it would be wise to do them.
Freaked12:
--- Quote from: Freaked12 on May 27, 2010, 09:32:06 pm ---exam is exactly like other years but you have to write on the book let.Do some practise of these questions
(WHAT DO YOU NEED TO KNOW.....)
these are allocated the highest marks so it would be wise to do them.
--- End quote ---
What is GDP per capita
I am not sure about this defination
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