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Author Topic: cie economics paper 2 may june 2003 help  (Read 915 times)

Offline xxemoxx

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cie economics paper 2 may june 2003 help
« on: May 30, 2010, 05:16:31 pm »
theres a question in M/j 2003
explain the functions of price in a market economy ? (10 )

Apart from giving a brieft intro of market economy and the function of price as an allocative mechanism.., what else to be included for 10 marks?

thanks/.
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Offline ez2009

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Re: cie economics paper 2 may june 2003 help
« Reply #1 on: May 31, 2010, 01:25:14 pm »
That question requires you to describe the price mechanism and the four basic economic questions, Hope this solves your question :)
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