Hard Multiple Choice Questions! Tough Theory - Awesome Paper 3 Revision! (AQA/OCR)

[@lewhsi5884]

"What a rip snorter of a question"

[@CamperJoe]

No one: Literally not a single person: Dal: we can see the question using our EYESSSS

[@randomcomment5875]

Happy days 😎

[@Fitnessbyibz]

@@randomcomment5875 quality stuff

[@ronithk9377]

This guy been so helpful, he saved my exams for sure

[@brandon60372]

@EconplusDal just wanted to say a big thank you! Not only did you teach me more economics than my teacher ever did! But, you also made me actually enjoy it which I never thought I would say.

[@alexhobbs9254]

Dal: We can see the diagram using our eyes! Blind Econ Students: -_-

[@aminumusa140]

don't you mean : _

[@pablojp3498]

@@aminumusa140 😂

[@mcnooby383]

@@aminumusa140 no if he had eyes it would be 0_0 but he doesn't so it's -_-

[@gifted1871]

had to grab a couple mangos to offset the stinky-ness of these mpc questions

[@imnotokay4693]

Just got my results and I just wanna THANK YOU for helping not only me but every econs student out there !!! You're the goat !

[@tusharmehra7272]

The second question is a good example of how exam technique can save you. A, B and D all have something about the economic CYCLE in it; if the question was about a cyclical deficit, they would all be "correct". However, we know that this is not the case so we can easily pick the odd one out (B).

[@osmosis6603]

A good point however due to you being a Man City fan, I’m going to disregard this completely.

[@TheScarletGamer]

Yeah you could get that in 15 seconds and save a fat load of time.

[@trifarianboi3043]

8:13 You said that the answer is D because of the effect on government, which would then drive demand down. But surely firms facing higher average costs may seek to borrow more, increasing demand?

[@jackg1812]

Firms that are being taxed more will have less profits and therefore less money to invest, and as firms tend to borrow money in order to invest then the demand for borrowing will fall. That's how I did it but i'm not sure if its 100% correct?

[@trifarianboi3043]

@@jackg1812 Oh I had the same initial reasoning but reached the opposite conclusion. Firms are being taxed more so they will have less profits to invest in capital, etc. Firms' profit levels decrease but they still seek to be competitive, so they will be forced to borrow more in order to remain dynamically efficient. This results in an increase in borrowing. Edit: Nevermind, for some reason i thought it was a tax on one or few firms alone, and not on the whole market. oops

[@harryvj6397]

Some absolutely brutal questions there. Can’t wait to nail them in the exam

[@jeddiefarara7373]

Dal, you’re on fire mate ❤️❤️

[@aliz3575]

wishing edexcel had multiple choice questions!!

[@mcnooby383]

You don't they are hard

[@aliz3575]

McNooby edexcel has 5 markers, personally would prefer multiple choice questions 😂

[@hamishjonathan797]

Content mastery with 2 other a levels on the side is not easy Dal

[@cameronmunro1724]

Facts

[@ronturford5744]

useful stuff

[@RalcyJaneBeautyx]

i don’t understand how you got that Marginal Utility increases? surely it’s a contraction of MU so it decreases?

[@Leo-bx7hl]

the MU curve doesn't shift itself but you move along the curve because regardless of the price, the utility / satisfaction derived from the biscuit will be the same at a given quantity. if the price increases this just means you consume less but at that level of consumption there is a higher marginal utility (because of the law of diminishing marginal returns) if that makes sense

[@timnergaard3831]

thanks dal

[@TE-cg4vw]

for the first question why is HJKL part of the subsidy, I thought only GHLM was the subsidy?

[@lilspartan175]

The question said all the money received from *both* consumers and the government.

[@hidden8637]

can we have more behavioural economics MC Qs

[@padders_0192]

Check this out: en.m.wikipedia.org/wiki/Draft:EconplusDal

[@R2D6138]

Dal defo started taking crack over the past few weeks

[@ldot3588]

DIAGRAM QUESTION

[@yuchenwang7174]

Econpluseys

[@joegunbie938]

adopt me

[@tejashirani2152]

EYESS

[@harryvj6397]

Some absolutely brutal questions there. Can’t wait to nail them in the exam

[@harryvj6397]

Hmm haha pipe down mate