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The prisoner’s dilemma question in section a 🥴
Original post by marghe.sacchi14
Did you guys like the question about profitability with rising costs? So brief for 12 marks no?


I did short term & long run but yeh weird and limited question imo esp for a 12
what did you guys get for the 5 marker
Original post by anishja
what did you guys get for the 5 marker

53%
Original post by ro202004
I did short term & long run but yeh weird and limited question imo esp for a 12

53.0% (1 dp)


Original post by anishja
what did you guys get for the 5 marker
also the elasticity one was so hard
52.95…%
Original post by ro202004
I did short term & long run but yeh weird and limited question imo esp for a 12

As in like shut down points? Or fixed and variable factors?
Reply 68
That was the easiest paper ive ever done for econ paper 1
(edited 1 year ago)
What did ppl put for the labour markets 25 marker?
Original post by KClayton10
52.95…%

Yeah I rounded it to 52.96 though
Original post by Wadmayne
What did ppl put for the labour markets 25 marker?


Pecuniary and non-pecuniary factors, immobility of labour, PES
Original post by User3858395
Yeah I rounded it to 52.96 though


Yeah they’ll probably give you a range of 52-53% on the mark scheme
Did anyone even choose the labour markets one, I feel like econplusdal knew that it would come up as a 25m. In his session yesterday he was talking about how we should make sure labour markets questions are an option for us to choose
Original post by User3858395
Did anyone even choose the labour markets one, I feel like econplusdal knew that it would come up as a 25m. In his session yesterday he was talking about how we should make sure labour markets questions are an option for us to choose


I did the monopoly efficiency
Section A was so easy but I found section B so much more difficult 😫
Original post by marghe.sacchi14
I did the monopoly efficiency

Same, spoke about dynamic efficiency and EOS for KAA and then diseconomies and how firms may not use SNP for reinvestment for eval.
Uno the demand and supply curve for Disney plus. Obviously demand shifts right but with it being 4 marks did u have to shift anything else?
Original post by Bluetit1
Son says he also thought it was a monopoly of choice....

I believe you were meant to use both. It’d be very weird of them to give you tesla but it having no use whatsoever. I talked about Tesla and Apple
Original post by geniusar
Uno the demand and supply curve for Disney plus. Obviously demand shifts right but with it being 4 marks did u have to shift anything else?


I heard some people shift supply but I did not because I am stupid. I did draw arrows showing extension in supply to the new equilibrium although I doubt that will be credited

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