Question 1 - 10 marks - the command word is "Assess"
Question 2 - 12 marks - the command word is "Evaluate"
So, both questions will require you to evaluate.
Revise the following topics:
- Elasticity as a way of evaluating a change in price or quantity
- Magnitude of changes as an evaluation theme
- Tax incidence and the diagram
- Subsidy diagram
In an uncharacteristic act of generosity, I have put the diagrams that you need to learn onto a Google Doc. You can view them by clicking here
2 comments:
Where are these diagrams as I have clicked on here and all that has come up is BET YOUVE SIGNED IN NOW
Yeah, I know. It's a cruel gag to see who wouldn't sign in. As if I'd give you the answers!!! This ain't set two
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