Author Topic: Econ Paper 1 doubts!  (Read 5716 times)

Offline ni

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Re: Econ Paper 1 doubts!
« Reply #15 on: June 10, 2009, 02:48:36 pm »
Sorry, in the question asked, we want to decrease price?
Shouldn't we increase quantity supplied and decrease demand...?

Offline hmh

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Re: Econ Paper 1 doubts!
« Reply #16 on: June 10, 2009, 02:50:43 pm »
Sorry, in the question asked, we want to decrease price?
Shouldn't we increase quantity supplied and decrease demand...?

It doesnt say we want to decrease price. It says how to bring back to equilibrium. To do that we decrease quantity supplied and increase quantity demanded.
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Offline aquarian93

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Re: Econ Paper 1 doubts!
« Reply #17 on: June 11, 2009, 03:00:01 am »
my doubts from may 2003

no 9,14, 25, and 23.

pls help, thank you sooo much!

and guys, wts the difference between external and internal economies to scale?
and if employment falls, the tax revenue of the govt falls rite. bt does their expenditure fall as well? i mean wont they increase it to increase aggregate demand and improve the economy?
and wt is diversification in growth of firms?

Offline aquarian93

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Re: Econ Paper 1 doubts!
« Reply #18 on: June 11, 2009, 03:05:05 am »
has anyone dne may 03 paper?
i wanna discuss cuz the mark scheme says some of my questions are rong and im confused. :(
« Last Edit: June 11, 2009, 03:08:15 am by aquarian93 »

Offline K_M

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Re: Econ Paper 1 doubts!
« Reply #19 on: June 11, 2009, 03:26:50 am »
which questions??

Offline aquarian93

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Re: Econ Paper 1 doubts!
« Reply #20 on: June 11, 2009, 03:39:11 am »
no 9,14, 25, and 23.

thanks in advance :)

Offline ni

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Re: Econ Paper 1 doubts!
« Reply #21 on: June 11, 2009, 05:01:28 am »
no 9,14, 25, and 23.

thanks in advance :)

Question 9-
Answer is C because if they oppose planned redundancies that means they're not allowing the firm to hire perhaps more productive capital. Thus harmful effects of productivity.

I'm doing the rest right now.

Offline Depriviated

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Re: Econ Paper 1 doubts!
« Reply #22 on: June 11, 2009, 10:11:59 am »
03 p1 or p3 ? aquariam