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    (Original post by THRASHx)
    Yeah, a lot of the questions were cloned. I dont know how many past papers anyone else did but I did as many as I could and the only new question was the game theory one, the rest id seen before (maybe the exception being question 8)

    The profit maximising monopoly with a decrease in demand comes up every year, such an easy 4 marks.

    I've done quite a few, I just don't realise during the exam, it's usually only when someone points it out!
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    Just realised I got question 8 wrong
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    What do you think the grade boundary will be? I'm hoping around 50/72 for an A
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    (Original post by bab)
    What do you think the grade boundary will be? I'm hoping around 50/72 for an A
    My teacher said going on past papers and like scaling it down about 51 for an A and then maybe going down in 7 marks per grade. Although cus its a new paper its hard to say but round about 50 hopefully.
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    (Original post by THRASHx)
    Just realised I got question 8 wrong
    question 8 was?
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    (Original post by unamed)
    question 8 was?
    question was on price limiting and the answer was something about productive efficiency i think
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    (Original post by bab)
    question was on price limiting and the answer was something about productive efficiency i think
    really? I can't remember it! O_O
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    you all discussing edexcel? my my I totally ****** up the second section. everyone do the pharmaceutical's question? I think there was one boy in my school who did the question 9 and everyone else I spoke to did the second one!
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    (Original post by n_251)
    you all discussing edexcel? my my I totally ****** up the second section. everyone do the pharmaceutical's question? I think there was one boy in my school who did the question 9 and everyone else I spoke to did the second one!
    Yep! (apparently the mods have forgotten about us/the other thread).
    Everyone except me, it seems. Even at my school, I was the only airport person, everyone else seems to like pharmaceuticals.

    But, I think I did fine. The examiner's would be happy to see the few airport ones and go "oo! Lookie! An airport question! Full marks! (:p:)"
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    (Original post by unamed)
    Yep! (apparently the mods have forgotten about us/the other thread).
    Everyone except me, it seems. Even at my school, I was the only airport person, everyone else seems to like pharmaceuticals.

    But, I think I did fine. The examiner's would be happy to see the few airport ones and go "oo! Lookie! An airport question! Full marks! (:p:)"
    lol that question looked good until I saw the 14 marker on the discussing the role of the comp. commission or something!

    I picked the "other" question last year on unit 2 and it worked out well so I see your thinking
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    (Original post by unamed)
    question 8 was?
    Profit capping, I put A; firms would undervalue their assets. I got confused, if it said overvalue their assets I wouldve got it right
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    (Original post by n_251)
    lol that question looked good until I saw the 14 marker on the discussing the role of the comp. commission or something!

    I picked the "other" question last year on unit 2 and it worked out well so I see your thinking
    It was how important competition was in the industry (the answers were in the text and just needed to be embellished/proven)

    Which one was that one? (the 2nd question, I assume)
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    (Original post by THRASHx)
    Profit capping, I put A; firms would undervalue their assets. I got confused, if it said overvalue their assets I wouldve got it right
    Oh, I remember that one! What was the 'right' answer, I can't remember what I put, I think it was 'D' (I nearly put A)

    edit: yep, I put D, but was very close to putting A, then I couldn't explain it and got hit by a brainwave!
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    (Original post by unamed)
    It was how important competition was in the industry (the answers were in the text and just needed to be embellished/proven)

    Which one was that one? (the 2nd question, I assume)
    it was the 2nd one :yes:

    I came out and everyone was like, "oh the question on supply-side policies was sooo easy" and I was the only one who'd done the question on conflicts of policy I think it was...I thought it was so much easier to evaluate that sort of thing!
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    (Original post by n_251)
    it was the 2nd one :yes:

    I came out and everyone was like, "oh the question on supply-side policies was sooo easy" and I was the only one who'd done the question on conflicts of policy I think it was...I thought it was so much easier to evaluate that sort of thing!
    I did the 2nd one, because I knew all the answers. Unfortunately, time wasn't with me. so, I have to resit in June.

    Luckily, the time was with me this year!
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    (Original post by unamed)
    Oh, I remember that one! What was the 'right' answer, I can't remember what I put, I think it was 'D' (I nearly put A)

    edit: yep, I put D, but was very close to putting A, then I couldn't explain it and got hit by a brainwave!

    i put something 2 do with productive efficiency for that one
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    (Original post by unamed)
    Oh, I remember that one! What was the 'right' answer, I can't remember what I put, I think it was 'D' (I nearly put A)

    edit: yep, I put D, but was very close to putting A, then I couldn't explain it and got hit by a brainwave!
    I put D, couldnt explain it and put A because I could explain it and I remembered about them *something*valuing their assets. At the time I couldnt see why theyd want to be more productively efficient, I thought theyd want to be profit maximising and that wasnt there. But yeah, only 4 marks, hopefully ill have made that up getting 4 in every other question :o:
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    what was the answer to the questions where Total cost was constant between A and B
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    (Original post by princesscolour)
    what was the answer to the questions where Total cost was constant between A and B
    Marginal costs were 0

    I explained it earlier and provided a past paper question from 6 years ago which was identical to it.
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    (Original post by THRASHx)
    I put D, couldnt explain it and put A because I could explain it and I remembered about them *something*valuing their assets. At the time I couldnt see why theyd want to be more productively efficient, I thought theyd want to be profit maximising and that wasnt there. But yeah, only 4 marks, hopefully ill have made that up getting 4 in every other question :o:
    Looks like you did what I did - the other way around!
    I'm pretty sure that you'll do fine.. one question isn't going to make much of a difference, especially if you did well in the case study. (it's weighted more than the multiple-choice.)
 
 
 

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