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The way (b) is worded implies that in one question they want you to give an answer for a sequential choice - A choosing before B or vice-versa, which generally would make a difference.

1. Draw graphs showing that
- in a perfectly competitive market the union will reduce employment
- where the employer is a monopsonist the union will increase employment

2. See 1. But write more.

3. Not a topic I've ever been involved in. I'd be tempted to challenge the assumption that an unequal distribution of income is automatically inequitable, but I'm not sure how you're meant to approach this at A level

4. Reduced wages because of increased supply, primarily in those labour markets where they're substitutes for native labour. However, they might also constitute a supply side boost, increasing economic output and employment, mitigating the downward effect on the wage level.

For question one why will a union reduce unemployment in a pefectly compeitive market and inrease employment in a monopoly?

in the short run they may achieve profits or losses depending on whether there are too few or too many firms in the industry. in the long run firms will enter (if now there are profits) or leave (if now there are losses).

so in an exam ud have to draw the diagram and show by having profits (losses) they are not producing at the productively efficient level (whatever your exam board defined this to be).

1) Assess the reasons why countries in Asia have been more successful in attracting foreign direct investment than many African countries.

2) Evaluate the economic effects of an increase in foreign direct investment on a country of your choice.

a country of my choice? any examples of what to use

a) Fill in the missing marginal cost values. (1)
b) Assume the business is operating under conditions of perfect competition. If the market price is £280 per OHP, how many OHPs does the firm produce? What is the total profit of the business? (2)
c) In the long term will the price remain at £280? Explain your reasoning, and if the price changes explain the process that causes that price to change. (3)
d) If there are no changes to costs or industry demand what will be the price and firm output in the long run equilibrium. (2)
e) Why is it that profit in perfect competition will always tend towards zero in the long run and why is this not the case with monopoly?

I'm doing unit 1 Economics on wednesday.
I was wondering why the impact of a shift in demand on price and output depends on the price elasticity of supply?

I also need tips on how to answer Evaluation questions?

Why is reduced trade union power beneficial as a supply side policy?

Im i correct in saying that these reduced trade union power represent falling pressure on firms to increase wage rates which would add to their costs?

Stronger restrictions on trade unions make it easier for suppliers to be willing and able to supply goods onto the market.

It means less costs, and less restrictions when producing a good/service. Strike time delays production, which can increase costs.