OCR GCSE Economics A591/01 and A591/02

The calculation question answer was:
10,000 x 3= 30,000
7,000 + 4,000= 10,000
30,000 - 10,000= 20,000
Profit = £20,000

The graph question was:
You had to draw a supply curve. Then show a left shift for the supply curve, and explain that the price increased, and the quantity decreased. Then for part 2, you had to say that the total revenue would increase, as the price increased dramatically, although quantity decreased.

Do you agree with this?

guys what did you get for the tickbox questions about households , state pension and job seekers

Yes i fully agree with you. The calculation question was worth 4 marks, and the graph question was completely different. Also, it is very strange that his tutor has the paper straight away. i believe that he is either lying or he is doing drugs or some illegal activity. Not Sure?

YES!!!!

What did you guys say is the reason for hyperinflation? I was stuck on this for so long?

Just explain how inflation leads to Hyperinflation
Inflation is a rise in the general price level, and thus if continues hyperinflation can occur which means your money is as close as to being worthless etc).


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My tutor is a school teacher who also teaches Economics at a school
Exam boards allow teachers to keep spare copies of exam papers / scripts. It's released online on their teacher login thing 10 days after
The same for all exam subjects
Subject teachers can get them if there are spare copies lol
No illegal stuff going on
He told me after I've done it about a couple hours later what I should've written etc).
There was only one diagram on the paper and it said (4) in brackets after the calculation question
This wasn't 4 marks each for the graph and the calculation
It was 4 marks TOGETHER
they were on separate pages but part of the same question lol


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Yes! You are correct. Unless I missed out a double page spread (which I didn't because I checked about 5 times to see if I did) you are incorrect. But pretty sure you are 99% correct.

Yeah I was going to agree. Pretty sure obtaining the paper before it is distributed to teachers (in a legitimate way) is illegal unless you have explicit written permission from OCR.

you had to talk about wage price spiral

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unit 3 predictions?

Can we do some big Skype revision session for unit 3 😭


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guys use the stimulus material , its all in there

Yeah I know but how we link the questions to the stimulus is hard
Guys
My tutor said he has a strong feeling something about Nigeria's poverty but strong economic growth may appear as an 8 marker
Obviously he isn't 100% as no one knows but go over that anyway!😊


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