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How was economics??

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Okay, i know it was a bit bad :/ but still managed it and Insha Allah, hoping for nothing but good!!

So how was it with u guys?? :)
 
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It was good, Except for the Case Study Question :/ Which went bad :(
 
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Case study qs. is the easy one not too difficlt , i dnt know y students thnk it was difficlt.Anyone attempted 7 & da qs related
to the small firms & their growth.
 
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i too did quest 3,4 and 6!! And also, guys in the demand and supply curve, the supply shifts to the right and the demand shifts to the left, right?? And for how many of your'll did the quantity demanded change?? As for me, it did not change, but my teacher said that it varies with different diagrams, but an explanation is likely to do the trick!!
 
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demand to left n supply to right i did only demand to right
 
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i missed a few points man i wish i cud have written more

Exctly same case here i did da same qs & msd sm points in the qs of small firms.Can u tll wt u wrote in 7(c) prbs ov dvlping & dvlpd countries
 
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yea in devlpd i wrote low birth n death rate n inward migration resulting in ageing population and the reasons
in devlping i wrote high birth n death rates n outward migration with problem of over population what did u write?
 
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the demand was to fall n shift to the right because of income tax raise n evryone was saying tht supply was to increase because there were extra houses but i did not shift the supply curve because it was excess supply
 
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i too did quest 3,4 and 6!! And also, guys in the demand and supply curve, the supply shifts to the right and the demand shifts to the left, right?? And for how many of your'll did the quantity demanded change?? As for me, it did not change, but my teacher said that it varies with different diagrams, but an explanation is likely to do the trick!!
the demand was to fall n shift to the right because of income tax raise n evryone was saying tht supply was to increase because there were extra houses but i did not shift the supply curve because it was excess supply
 
Messages
553
Reaction score
1,080
Points
73
the demand was to fall n shift to the right because of income tax raise n evryone was saying tht supply was to increase because there were extra houses but i did not shift the supply curve because it was excess supply
If income tax raises, the incomes of peoples reduce as it goes in tax, therefore the demand for houses fall causing the supply curve to shift to LEFT! When the private sectr built 100000 houses, the supply rose!!
 
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Exctly same case here i did da same qs & msd sm points in the qs of small firms.Can u tll wt u wrote in 7(c) prbs ov dvlping & dvlpd countries
yea in devlpd i wrote low birth n death rate n inward migration resulting in ageing population and the reasons
in devlping i wrote high birth n death rates n outward migration with problem of over population what did u write?
 
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i missed the population question!! and that small firms thing im glad i missed it!! Guys? Dis anyone do the economic growth and inflation question!! Please let me know, wanna ask smething!!
 
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If income tax raises, the incomes of peoples reduce as it goes in tax, therefore the demand for houses fall causing the supply curve to shift to LEFT! When the private sectr built 100000 houses, the supply rose!!
sorry mixed it up i shifted it to the left the demand curve and did not shift the supply curve
 
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i missed the population question!! and that small firms thing im glad i missed it!! Guys? Dis anyone do the economic growth and inflation question!! Please let me know, wanna ask smething!!
what was the question?
 
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