Year 12s: what will be the first way you research your future options? >>

Edexcel Economics and Business UNIT 4 6EB04

Scroll to see replies

How was it?

what did you get for acid test ratio?

Reply 82

EmilyImpossible

What did people out for the ten marker on tax and the diagram?

Reply 83

Mark179

Original post by EmilyImpossible

What did people out for the ten marker on tax and the diagram?

Diagram showed inelastic demand supply shifted to increase price and reduce quantity but only slightly because of PED

Reply 84

Dann_a

Original post by EmilyImpossible

What did people out for the ten marker on tax and the diagram?

Marginal social benefit

Reply 85

Dann_a

Original post by Mark179

Diagram showed inelastic demand supply shifted to increase price and reduce quantity but only slightly because of PED

That's only half of it as you need to talk about MSB which shows a reduction in negative externalities

Reply 86

EmilyImpossible

Ten marker on tax - what did people put

Reply 87

Mark179

Original post by Dann_a

That's only half of it as you need to talk about MSB which shows a reduction in negative externalities

That was in my explanation but not MSB directly.. In terms of reduced consumption- less externalities like passive smoking

Reply 88

retardis

Original post by Mark179

That was in my explanation but not MSB directly.. In terms of reduced consumption- less externalities like passive smoking

Yeah I did the same

Quick Reply

Related discussions

Latest

Articles for you

Edexcel A-Level Economics Paper 1 - Unofficial Mark Scheme - 18 May 2023

What is an LLM and how could it benefit your career?

Powerful questions business students forget to ask their career advisers

Why I chose a law degree and what studying law was like

Edexcel Economics and Business UNIT 4 6EB04

Quick Reply

Related discussions

Latest

Trending

Trending

Articles for you