This discussion is now closed.

Check out other Related discussions

Edexcel A Level Economics A Paper 1: 9EC0 01 - 23 May 2022 [Exam Chat]

Scroll to see replies

Same, spoke about dynamic efficiency and EOS for KAA and then diseconomies and how firms may not use SNP for reinvestment for eval.

I talked about how they suffer from X - inefficiency and benefit from dynamic efficiency

Reply 81

User3858395

Original post by Abzdot

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

You can speak about Tesla (I did) but you don’t have to, maybe just mention it in the intro

Reply 82

mua1122

Original post by User3858395

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

Why would u shift supply???

Reply 83

User3858395

Original post by mua1122

Why would u shift supply???

Supply has to rise to accommodate the increase in demand im assuming

Reply 84

Nelo02

its alright i talked about apple as well as they said using an industry of choice

Reply 85

mua1122

Original post by User3858395

Supply has to rise to accommodate the increase in demand im assuming

Tf u on about

Reply 86

User3858395

Original post by mua1122

Tf u on about

what don’t u understand?

Reply 87

mua1122

Original post by User3858395

what don’t u understand?

Supply extends , it doesn't shift

Reply 88

anishja

what did u guys write for the profitability one

Reply 89

User3858395

Original post by mua1122

Supply extends , it doesn't shift

I hope ur right but I’ve seen a similar question in the 2021 paper and it looks for two shifts for 4 marks. What is the distinction between an extension in supply and extension

Reply 90

User3858395

Original post by User3858395

I hope ur right but I’ve seen a similar question in the 2021 paper and it looks for two shifts for 4 marks. What is the distinction between an extension in supply and extension

and shift*

Reply 91

KClayton10

Original post by anishja

what did u guys write for the profitability one

I kind of struggled with ideas on that, for 12 marks it was difficult to think of 2 points with eval

Reply 92

marghe.sacchi14

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 just shifted demand as well

Reply 93

Nelo02

Original post by User3858395

I hope ur right but I’ve seen a similar question in the 2021 paper and it looks for two shifts for 4 marks. What is the distinction between an extension in supply and extension