microeconomics was quite hard, would they put the grade boundaries that low, as in A*- 45 ??
Also, why was this test the most difficult a591 i have ever done? Why have OCR done this?
Well, it may not be as low as 45, but you would probably expect them to be the lowest grade boundaries ever, as I expect very few people actually would have got more than 3 or 4 marks in that 8 marker.
Factors that cause the demand curve to shift to the left
I did this, but in my evaluation I said that demand for the milk will tend to be price inelastic and so factors regarding supply will impact the price more so than demand.
I did this, but in my evaluation I said that demand for the milk will tend to be price inelastic and so factors regarding supply will impact the price more so than demand.
Yeah same, I wrote that it takes up a small percentage of income and so that it'll be inelastic
I did this, but in my evaluation I said that demand for the milk will tend to be price inelastic and so factors regarding supply will impact the price more so than demand.
I know this is a slightly late reply but would talking about increase productivity plus capital investment reducing their average costs thus enabling them to sell milk at a lower and more competitive price get marks?
I know this is a slightly late reply but would talking about increase productivity plus capital investment reducing their average costs thus enabling them to sell milk at a lower and more competitive price get marks?
No, I don't think so because the question said other than an increase in supply, and those lead to increase in supply. Idk but I wrote income, do you think that's okay?, it seemed reasonable. But then I wrote this wouldn't be effective coz it's an inelastic in demand. Do you think I would get the marks??