About This File Condensed a 400+ pages boring textbook to 53 pages. Enjoy. What's New in Version 2 Released April 18, 2014 Found some errors so I fixed them 2
r1111 91 Posted April 26, 2014 Report Share This certainly beats reading the textbook all over again. Nice notes! But I think I have a problem with this line: "Marginal costs of production. Mobility of CELL and unused capacity. Cheaper to produce ~> produce more ~> lower PES" Doesn't more mobile factors of production mean that an increase in price will lower output proportionately more. So hence, greater PES. Link to comment Share on other sites More sharing options...
Guest Posted May 5, 2014 Report Share This certainly beats reading the textbook all over again. Nice notes! But I think I have a problem with this line: "Marginal costs of production. Mobility of CELL and unused capacity. Cheaper to produce ~> produce more ~> lower PES" Doesn't more mobile factors of production mean that an increase in price will lower output proportionately more. So hence, greater PES.The more mobile the factors of production are, the less it costs and the cheaper it is to move it from one productive use to another. eg, an industrial sewing machine is not as mobile as a standard sewing machineWould have replied sooner if I knew people could comment on my files : Link to comment Share on other sites More sharing options...
Ajay Prasad 0 Posted October 9, 2015 Report Share Hey man, would you say this is enough to get a 6 in the Econ HL Exam? If not please do recommend other resources that I could use. Thanks Link to comment Share on other sites More sharing options...
guidokinds 0 Posted October 13, 2015 Report Share Used this summary for my 2015 IB exams and ended up with a 6 in Econ HL. As long if you study these notes along with the skills book (calculations) you will be absolutely fine. Cheers! Link to comment Share on other sites More sharing options...
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