I did the same, think we should be okay cus the advanced info for paper 3 didn't talk about oligopolies so i don't think we'll be penalised if we didn't talk about them :smile:

Reply 68

alecs004

Original post by mlee531

PPF: higher at x than y
3.3% for the weighted ting

Was that Option B i completely guessed that lmao

Reply 69

alecs004

Original post by alan22

it was 3
u had to work out mean then times by 1.1

Do you remember what option was 3%

Reply 70

borat32

Original post by olaisonly

I did the same, think we should be okay cus the advanced info for paper 3 didn't talk about oligopolies so i don't think we'll be penalised if we didn't talk about them :smile:

Thought the 15 marker was leaning towards YED of airlines and how it’s a luxury good and its demand affects the derived demand of aircraft manufacturing and so economic shocks like covid can lead to stagflation so falling incomes leads to a greater fall in demand for airlines and thus aircraft. And also about environmental priorities for governments so they may subsidise greener firms, lowering their prices which reduces demand for firms like Boeing

Reply 71

mark123abc

Original post by borat32

What did people say for the factors forecasting sales?

population growth of global middle class, the economic cycle (recession etc), and small paragraphs on disposable incomes

Reply 72

harveyru

Original post by maxcovel39

What was the answer for the fisher equation mcq??

i did 5%. maybe i was wrong idk

i thought cos MV=PQ
MV increased by 115. Q increased by 110.
So P increases by 115/110 = 105 = 5% increase

Reply 73

Anonymousrzu

Original post by harveyru

i did 5%. maybe i was wrong idk

i thought cos MV=PQ
MV increased by 115. Q increased by 110.
So P increases by 115/110 = 105 = 5% increase

Yes I did this too

Reply 74

mlee531

Original post by olaisonly

Was that Option B i completely guessed that lmao

It was either B or C i forgot hahah. Wasnt too sure about that q

Reply 75

mlee531

Original post by Alecko

This is great. For quality grades in Economics you can inbox me e talk the way forward. I'm an expert and I can help with asssignments and exams

unfortunately all of us have just finished our last exam mate. try plugging yourself elsewhere

Reply 76

Ywywywy

For the 25 marker I talked about different ways that the government could help the aircraft industry such as Deregulation cutting corporation tax subsides. Does anyone think this is the right way to go about it. I evaluated each point and came to a conclusion that the government should subsidise firms