On the 25 marker in context one I just talked about market failure caused by externalities and gambling as a demerit good and talked about two solutions tax&information provision and ended up combining the two in a hypothecated tax whilst talking about the risks of government failure. Will it matter that I did not talk about monopolies as I assumed the 3 market failures mentioned were just guidelines for the essay?
I don't know why but i feel worried about the answer sheet for the multiple choice, very random question but should I have ticked the answer or circle???? Very worried
I don't know why but i feel worried about the answer sheet for the multiple choice, very random question but should I have ticked the answer or circle???? Very worried
You circle the answer, assuming this is multiple choice questions for AQA?
I did the same thing but quickly asked to put it on the sheet at the end. The exam booklet is going to be thrown away according to my invigilator...
Thrown away? you sure its not the paper with the actual questions that will be thrown away? what happens to the people who only wrote on the exam paper? Lots of people i know only wrote on it and they cant give 0 marks to us all
Thrown away? you sure its not the paper with the actual questions that will be thrown away? what happens to the people who only wrote on the exam paper? Lots of people i know only wrote on it and they cant give 0 marks to us all
Yes disposed of basically as no name,centre number or candidate number was on there as it was only a question paper.But I'm not sure but I know they are pretty strict. Ask as soon as possible!!
I compiled all the market failures together stating that monopolies were the source of market failures currently by saying that monopolies earn high profits which then goes to shareholders ect. this concentrates income among the richest creating income inequality. With the poorest then unable to afford rent ect. leading to the consumption of demerit goods E.G. gambling which was producing negative externalities. I then analysed the reduction in monopolies, advantages and disadvantages ect, before wraping it up into a conclusion
I compiled all the market failures together stating that monopolies were the source of market failures currently by saying that monopolies earn high profits which then goes to shareholders ect. this concentrates income among the richest creating income inequality. With the poorest then unable to afford rent ect. leading to the consumption of demerit goods E.G. gambling which was producing negative externalities. I then analysed the reduction in monopolies, advantages and disadvantages ect, before wraping it up into a conclusion
Thinking about it I should of done this as explaining monopoly etc would've been easy marks but I'm just hoping their is no deduction in marks for not mentioning mononopolies as I feel I explained externalities in the market to a top level
Thinking about it I should of done this as explaining monopoly etc would've been easy marks but I'm just hoping their is no deduction in marks for not mentioning mononopolies as I feel I explained externalities in the market to a top level
Im sure even economic markers wouldn't be harsh enough to take away marks for that the only two things im aware markers deduct if you don't do is using the extracts and not concluding
Im sure even economic markers wouldn't be harsh enough to take away marks for that the only two things im aware markers deduct if you don't do is using the extracts and not concluding
That is a relief also the 3 market failures were mentioned more as a PS than an actual command question so I should stop worrying and get on with C1 revision!!
Thrown away? you sure its not the paper with the actual questions that will be thrown away? what happens to the people who only wrote on the exam paper? Lots of people i know only wrote on it and they cant give 0 marks to us all
The paper with the actual questions doesn't even have your details on it. Why did most of you not even read the instructions?
I don't know why but i feel worried about the answer sheet for the multiple choice, very random question but should I have ticked the answer or circle???? Very worried