q 3 opportunity cost Q answer D? money earned loss right?
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AlphaBeta
MustafaMotani
yEAh :_ I wrote same
AlphaBeta
market failure is A and i am sure cauz dat was in susan grant text book
AlphaBeta
what u wrote?
AlphaBeta
last Q was B right ? appreciation currency?
AlphaBeta
what u wrote 4 market failure?
MustafaMotani
LAST i wrote D ...
u mean abnormal profits are market failure.. ??
u mean abnormal profits are market failure.. ??
MustafaMotani
Uk currency was depreciating :|
MustafaMotani
Am going now .. 
AlphaBeta
yep abnormal profit is market failure! and inefficiency is also in public sector! for proof u read ECONOMICS by susan grant page107
and Uk currency was not DEP cauz it was US IS TO UK hope u get it
and Uk currency was not DEP cauz it was US IS TO UK hope u get it
AlphaBeta
da last Q was confusing and da Q said in da chart dollars is to pounds but in Q it was UK
MustafaMotani
I know I have prepard form susan grant but there is nothing mentioned of abnormal profits, it just says that charging high prices is markt failure..
AlphaBeta
i asked my teacher nd A is right
MustafaMotani
oHK..
AlphaBeta
and about currency dep. u sure thats right cauz da question was damned
MustafaMotani
yeah I guess so .
AlphaBeta
100% sure?
MustafaMotani
not 100%
AlphaBeta
is ur school getting da papers from british council after u ve done it?
MustafaMotani
I didnt get ur question .. ? :/