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AS AQA MCQ Microeconomics 16th May (New Spec)

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    • Thread Starter

    Can people please put some multiple choice answers they remember?

    I remember:
    -Vertical Distance
    -The page with 4 graphs was C
    -ATC moves downwards
    -Revenue > Costs
    -X and Y are productively efficient
    -Concentration Ratio
    -Last one was D

    Got 160 for the new quantity instead of 240.
    Did 1000-800/200+ 25% then did 25x0.8(PED) and got 1.6 so assumed it was 160.
    How did you get 240?

    i got 240
    (100(240/100)-100)/(100(1000/800)-100)=0.8 was my working
    last one was D (the answer with value judgement in)
    hbaig27 literally got the same as you
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Updated: May 16, 2016
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