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Economics, Accounting & Business: Post your doubts here!

Discussion in 'International A And AS Level' started by XPFMember, Nov 1, 2011.

  1. fire wall

    fire wall

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    I have no idea about economics.maybe it will help u understand business studies better.but as such business studies paper needs u to write and explain ur fast really faster.i guess its for all a levels papers.dont aim for very neat paper ,as long as ur handwriting is understood,its enough.focus more on writing more points and giving clear explanation.

    As for ur subjects it depends on the time u have and ur ability to do.universities nowdays demand minimum 3and half to 4 a levels subject.so choose ur subjects based on the university u want to apply in future.check the requirements of that university
     
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  3. Abdul Moiz 1290

    Abdul Moiz 1290

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    Thanks
     
  4. SamEcon

    SamEcon

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    The answer is 2.40 but i dont understand the workings. can someone please explain in steps how to get the answer ?
    If we consider $12 as the original price and 4000 units as the original quantity demanded. Then, PED = (20000-4000)/4000
    ______________
    (2.4-12)/12
    PED = 5,
    which is not equal to 1.
     
  5. ewenfazli

    ewenfazli

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    Have you got IAL edexcel business studies, economics textbook if so so can you mail me at [email protected]
     

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