Qualification > Commerce
24h Passed, How was economics ppr2 ?
melony:
--- Quote ---PAPER was damn easy esp the essay part !!!!!
i take variant 2 !
i didnt knida know the CPI that is case study !
--- End quote ---
same for varient 1!!.. But that just means the grade boundries for A's will be sky high!
Flip:
For public goods, is it right to say that they are underproduced because producers find it difficult to exclude non-payers? Or is that not one of the points i should've written? If so, how many marks would that cost me in a 12 mark essay? I also forgot to mention the 'free-rider' problem but said something about non-payers.
I mentioned the non-rivalry and non-excludability factors and generally said that National Defense was better than Public Parks in terms of priority of the government and an example of a public good.
Is that remotely right?
Freaked12:
--- Quote from: Flip on June 03, 2010, 06:00:33 pm ---For public goods, is it right to say that they are underproduced because producers find it difficult to exclude non-payers? Or is that not one of the points i should've written? If so, how many marks would that cost me in a 12 mark essay? I also forgot to mention the 'free-rider' problem but said something about non-payers.
I mentioned the non-rivalry and non-excludability factors and generally said that National Defense was better than Public Parks in terms of priority of the government and an example of a public good.
Is that remotely right?
--- End quote ---
i Did another variant but my friend did this
You had to analyse according to your own country
for example in Pakistan some of the public parks are charged this means that it exclude some of the payers and therefore defense is a more suitable option
that depends on the examiner my friend for the first question
Good luck!
***exam***:
yeah i think that fine !
Freaked12:
--- Quote from: Freaked12- on June 03, 2010, 06:02:46 pm ---i Did another variant but my friend did this
You had to analyse according to your own country
for example in Pakistan some of the public parks are charged this means that it exclude some of the payers and therefore defense is a more suitable option
that depends on the examiner my friend for the first question
Good luck!
--- End quote ---
By the way
Its not exactly underproduced,market doesnt provide them at all .So you are part right.
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