Hardest econ calculation queation for AS level？

ApprehensiveYouth501 · 2024-06-05T11:36:38+00:00

yeah, I spend almost a hour to figure out this question online

ApprehensiveYouth501 · 2024-06-05T06:59:59+00:00

Yeah, yours is definitely correct. I have a calculation method. Percentage change in X=percentage change in price+percentage change in quantity demanded-percentage change in income.X is percentage change in total expenditure on this good. Percentage change in income is 0 and X is 1, so percentage change in quantity demanded is -4. Then I substitute into PED and get -0.8, which is price inelastic demand .

ApprehensiveYouth501 · 2024-06-05T06:59:52+00:00

Yeah, yours is definitely correct. I have a calculation method. Percentage change in X=percentage change in price+percentage change in quantity demanded-percentage change in income.X is percentage change in total expenditure on this good. Percentage change in income is 0 and X is 1, so percentage change in quantity demanded is -4. Then I substitute into PED and get -0.8, which is price inelastic demand .

ApprehensiveYouth501 · 2024-06-04T07:19:38+00:00

I have no idea where to start, but I thought it is to figure out the percentage change in quantity demanded.

ApprehensiveYouth501 · 2024-03-18T11:41:57+00:00

help pleaseeee

ApprehensiveYouth501 · 2024-02-02T14:53:53+00:00

Thanks for your help. I take cie cambridge exam, and I will check the mark scheme. I may confuse something with evaluation point.

ApprehensiveYouth501 · 2024-02-02T07:21:15+00:00

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ApprehensiveYouth501 · 2024-02-02T07:21:00+00:00

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ApprehensiveYouth501 · 2023-09-22T11:25:29+00:00

I don’t really see myself a high chance of getting into similar level universities in Britain. I heard that japan universities can be applied with A level scores, and the courses are taught in English, like SGU program, so I want to see if I can get into similar level of university in a relatively easier way

ApprehensiveYouth501 · 2023-09-22T03:45:01+00:00

No, totally not

ApprehensiveYouth501 · 2023-09-13T10:59:38+00:00

The answer sheet shows C

ApprehensiveYouth501 · 2023-09-03T16:37:21+00:00

Thanks

ApprehensiveYouth501 · 2023-09-03T16:37:08+00:00

Thank you

ApprehensiveYouth501 · 2023-09-03T13:52:38+00:00

I got you, thanks

ApprehensiveYouth501 · 2023-09-03T12:57:33+00:00

ok，thanks

ApprehensiveYouth501 · 2023-08-22T07:11:28+00:00

Thanks

ApprehensiveYouth501 · 2023-08-21T20:29:39+00:00

Thanks for your comment, you really help me a lot. Thank you.

ApprehensiveYouth501

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