i did really badly.
i think the mpc was okay, and i got around 18, but i can either be optimistic or pessimistic with my judgement there.
however, i did supply shifting right for the context 1 diagram, and prices increasing. i described the price incentive functions. i had a lot to write for the 12 marker, i wished the 12 marker was worth 25 marks as i would have aced that.
i think i ruined the 8 marker, as it said significant "changes", therefore i stated trends such as a general increase in income for both earners stating beginning and end of the period, and for my second point i went for something like in 1995 income increased for low groups but fell for high income earning groups then i stated figures. i didn't do peaks and troughs and now i don't know if i should of done, as it said changes not comparisons between the 2.
also for the 25 marker, i only got so far as defining monopoly and market failure, which is 2 definitions and i tried to write an introduction about why market failure exists which was for 4 sentences. i think i only achieved 3/4 marks on the essay.
definitely resitting this exam.
I had so much to write about, but there is not even enough time to read the context.
I took 5 minutes deciding which context to do as they were both weird.
definitely require more time to finish that question paper. theres not enough time at all.