Qualification > Commerce
need help in economics AS question
Some Guy:
both mcqs are actually based on the inverse relation between price and quantity demanded..... u can do them by the simple inverse proportion formula.
twilight:
sorry peeps .. can u help wid this 1 too ?
i know that for the TOT to increase any of the following should occur
~increase in export prices with import prices constant
~increase in export prices with decrease in import prices
~constant export prices with decrease in import prices
~increase in export prices and import prices but with the increase in export prices > increase in import prices
this makes the answer to this question between B, C and D
can sum1 help please?
thanks in advance :)
twilight:
and this question too please ..
why is it D not B ?? ??? plz help
thanks
sorry i'm asking too much .. but i hav loads of doubs abt MCQs .. hope any1 can help
twilight:
--- Quote from: zombie on June 09, 2009, 02:55:29 pm ---hey i thaught i help u with TOT qst u posted qst 27. 100 to 120 means tot improve expot price increse mre then import
knw it say terms increse frm 100 to 120 rite and tot=exprt/imprt*100
so let check option A if exprt price decrse by 10% and impot also then terms would b unchanged... do mathmatically 90/90*100=100
option B if exprt incrse by 10% and import decrse by 10% then by tat formula u dont get 120
now C option export increse by 20% and import unchage giving u 120/100*100=120 this is the answere as tot now 120 as said in qst
option again it would worsen ur terms of trade rather then improving it..
--- End quote ---
thankssss ALOTTTT buddy .. ur gr8 ... :D :D
twilight:
--- Quote from: zombie on June 09, 2009, 03:04:43 pm ---aa to b truthfull these qustion are really confusing lol normative is value judgment rite..
option B and D look mre appropiate cause it actual fact but D look mre apropaite put it this way as we knw if motorsit have to pay toll they would b at loss cause if they are also not able to afford bus ticket then no choice would b left for then ...confuisng a bit
--- End quote ---
hmmmm .. ur right .. its too confusing but i get it now .. its clearer ... thanks dude!! 8) :D
can i ask more questions?? :-[
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version