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    What did everyone put for the multiple choice question about labour productivity.

    I think I put something about output increasing faster than labour.
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    For context 2 10 marker

    Indirect tax - regressive , should decrease demand + disgram
    Depends on PED if it's in elastic d will stay same if it's elastic it will change

    Sound about right?
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    (Original post by kpkpkpkppkpk)
    What did everyone put for the multiple choice question about labour productivity.

    I think I put something about output increasing faster than labour.
    7

    I put output falls slower than the rate of people losing jobs?
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    I chose context 2 that was way easier I think I smashed to 25 marker but flopped multiple choice badly 😓
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    (Original post by Tahret)
    Lmao it has exceptions g...

    Check the spec - Veblen goods and speculative demand lead to upward sloping demand curves. In fact just check Google.
    Generally it will be demand curves slope downwards unless otherwise stated.
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    Is it possible to get 9 or 10 out of 10 for context 2 if i didnt include a diagram? Mentioned everything tho
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    (Original post by joebackhouse)
    Generally it will be demand curves slope downwards unless otherwise stated.
    Generally does not = Always

    Therefore AQA have ****ed you
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    (Original post by hbaig27)
    Is it possible to get 9 or 10 out of 10 for context 2 if i didnt include a diagram? Mentioned everything tho
    I think so, the mark schemes for top band answers state "may include diagram"
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    (Original post by Tahret)
    Generally does not = Always

    Therefore AQA have ****ed you
    Lmao it wasn't stated
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    (Original post by joebackhouse)
    Lmao it wasn't stated
    It said "demand curves always slope downwards". They don't, with Veblen goods in the spec, so the answer is wrong. However, they are drawn with all other factors apart from price remaining constant (so you get price vs quantity)
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    For context 2, is it fine if my comparison was the range? Highest take away the lowest for price of cigs and the consumption data?
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    (Original post by hbaig27)
    Is it possible to get 9 or 10 out of 10 for context 2 if i didnt include a diagram? Mentioned everything tho
    Yes! As it didn't specifically ask for diagram
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    (Original post by Dullah)
    7

    I put output falls slower than the rate of people losing jobs?
    put that also
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    (Original post by Tahret)
    It said "demand curves always slope downwards". They don't, with Veblen goods in the spec, so the answer is wrong. However, they are drawn with all other factors apart from price remaining constant (so you get price vs quantity)
    So the correct answer is???????
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    (Original post by Tahret)
    It said "demand curves always slope downwards". They don't, with Veblen goods in the spec, so the answer is wrong. However, they are drawn with all other factors apart from price remaining constant (so you get price vs quantity)
    If it said in the question, "demand curves always slope downwards" then they want you to ignore the extreme cases the demand curve can be e.g. Giffen and Veblen goods
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    (Original post by Kaasi)
    So the correct answer is???????
    That all factors remain constant.

    (Original post by joebackhouse)
    If it said in the question, "demand curves always slope downwards" then they want you to ignore the extreme cases the demand curve can be e.g. Giffen and Veblen goods
    They don't. That's why it says "always".
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    Can anybody remember the answer to the question about labour productivity?
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    Hey did anyone do context 1? And if so for the 25 marker do you think you could have written about monopolies and perfect competition as that was in the extracts?
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    (Original post by Dullah)
    7

    I put output falls slower than the rate of people losing jobs?
    Yeh I agree with you dullah
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    Labour decreasing at a faster rate then output falls.
    (Original post by kpkpkpkppkpk)
    What did everyone put for the multiple choice question about labour productivity.

    I think I put something about output increasing faster than labour.
 
 
 
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