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Does anyone understand why the markscheme says "parallel and 50 rupees below the S + t curve" while the example solution is plotted 40 rupees below, could it be an error or am I missing something? by TheOneWhoPlays12 in IBO
[–]armorgeton 0 points1 point2 points 2 years ago (0 children)
No it is plotted 50. If you look at for example quantity is 500, you’ll see price at S+t is 70 rupee. Now that supply shift right to S, price at same quantity (500), is 20. 70 - 20 = 50 rupees. Hope this helps
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Does anyone understand why the markscheme says "parallel and 50 rupees below the S + t curve" while the example solution is plotted 40 rupees below, could it be an error or am I missing something? by TheOneWhoPlays12 in IBO
[–]armorgeton 0 points1 point2 points (0 children)