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    I want to kill myself.
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    (Original post by SilverHorsey)
    im logging off this rubbish cos when people say its so easy it just rubs my nose in it cba
    This is so true! The case study was so stupid eurgh and there was no good 20 mark qiestion either

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    (Original post by Lostrider)
    This is so true! The case study was so stupid eurgh and there was no good 20 mark qiestion either

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    exactly! which essay questions did u do? what did u get for question 1 the calculate one?
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    Congrats everyone, whatever the outcome. It was a nice predictable paper.
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    (Original post by Lenners)
    Congrats everyone, whatever the outcome. It was a nice predictable paper.
    ikr such a piss easy paper! would be surprised if anyone got below 60 hahaha
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    What did people write for market failure 5 marker. Also, did anyone do essay on MR and MC?
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    Who did the profit maximisation question. I used the NMW diagram to show how an increase in wages can increase costs and decrease competitiveness for one point. Is that right?
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    (Original post by SilverHorsey)
    ikr such a piss easy paper! would be surprised if anyone got below 60 hahaha
    What Essays did you do? I did Q4 myself: Analyse the effect of labour market failure on labour markets, and comment on how government intervention doesn't always correct labour market failure.

    I was praying for this. Such a broad and open question.
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    (Original post by qwertypoiop)
    What did people write for market failure 5 marker. Also, did anyone do essay on MR and MC?
    abuse of monopoly power, sky and bt being the 2 dominant firms and not allowing other new firms to enter the market, you?

    yes i did
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    (Original post by MrCoolVille)
    Who did the profit maximisation question. I used the NMW diagram to show how an increase in wages can increase costs and decrease competitiveness for one point. Is that right?
    you didnt need to a diagram at all, it said using examples
    youd have to say yes some firms are PM BUT others arent e.g. might have growth, breakeven, sales max, social responsibilty as their aims
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    (Original post by Lenners)
    What Essays did you do? I did Q4 myself: Analyse the effect of labour market failure on labour markets, and comment on how government intervention doesn't always correct labour market failure.

    I was praying for this. Such a broad and open question.
    the mc mr one cos i didnt revise and was easiest to blag
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    (Original post by SilverHorsey)
    abuse of monopoly power, sky and bt being the 2 dominant firms and not allowing other new firms to enter the market, you?

    yes i did
    I wrote something similar about them increasing prices and restricting supply, but I have no idea about that essay. The choice of essays was horrible and my teacher did not teach us labour market failure, so I had to choose the one about profits. Do you remember what diagrams did you draw for the 15 marker?
    Thanks.
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    (Original post by SilverHorsey)
    you didnt need to a diagram at all, it said using examples
    youd have to say yes some firms are PM BUT others arent e.g. might have growth, breakeven, sales max, social responsibilty as their aims
    You definitely needed some diagrams. I said all about that and for contrast about non profit organisations?
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    (Original post by SilverHorsey)
    the mc mr one cos i didnt revise and was easiest to blag
    Haha, fair enough! Well good luck at results day my friend, all the best!
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    (Original post by qwertypoiop)
    I want to kill myself.
    Unofficial mark scheme anyone?
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    (Original post by qwertypoiop)
    I wrote something similar about them increasing prices and restricting supply, but I have no idea about that essay. The choice of essays was horrible and my teacher did not teach us labour market failure, so I had to choose the one about profits. Do you remember what diagrams did you draw for the 15 marker?
    Thanks.
    just a mc and mr one and below = mc < mr so youd produce more and above = mc > mr so u wouldnt produce over
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    very decent paper

    did 15/20 marker on profit/maximization thing so didnt even have to write the word labour the entire exam
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    hi, guys, how was your paper? i hope it is 51 for an A* and not more

    it was a predictable question 4 part a and b. they were easy 35 marks which everyone should have attempted! it was a weirdly structured paper as it was a mix of sports and broadcasting, and i don't believe that they have adopted a similar type before.

    what do you think the grade boundaries shall be for an A?
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    (Original post by WillRose)
    very decent paper

    did 15/20 marker on profit/maximization thing so didnt even have to write the word labour the entire exam
    What did you write/draw for the 15 marker?
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    (Original post by qwertypoiop)
    What did you write/draw for the 15 marker?
    Name:  econ 15.jpg
Views: 162
Size:  14.2 KB
    that then just analysed, the 15 marker was the worst bit of the paper imo
 
 
 
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