Economics WEC11/01 June 2022
Edexcel
International AS/A Level
Economics (WEC)
Jun
2022
2. Forward market: gold with forward contracts, unlike housing, education, street lighting
3. Cross elasticity Indonesia: maize substitute rice, fish complement rice, negative elasticity vegetables and meat
4. Demand elasticity coffee: price decrease raises total revenue, elastic demand
5. Consumer behavior UK electricity: switching suppliers maximizes utility after 10% price rise
6. Immigration Germany: net immigration expands labor force, outward shift production possibility frontier
معلم موافق رایگان بودن است.
1. Government failure: smuggling petrol from indirect tax, overconsumption external costs, free rider problem flood defences2. Forward market: gold with forward contracts, unlike housing, education, street lighting
3. Cross elasticity Indonesia: maize substitute rice, fish complement rice, negative elasticity vegetables and meat
4. Demand elasticity coffee: price decrease raises total revenue, elastic demand
5. Consumer behavior UK electricity: switching suppliers maximizes utility after 10% price rise
6. Immigration Germany: net immigration expands labor force, outward shift production possibility frontier
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باز نشر محتواها در فضای مجازی، ممنوع است.
omer uner 
