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vish97

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  • Gender
    Female
  • Exams
    May 2015
  • Country
    India

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  1. I don't remember the answers but I do know that I messed up the 4th question last part... I had absolutely no idea what to do
  2. So since most businesses today are limited companies, they are owned by shareholders and not the managers who run the business. These managers earn a fixed salary irrespective of how much profit the companies make. So satisficing is when these managers work to earn enough profits that would satisfy the shareholders.
  3. Since indirect tax is regressive in nature, increasing it will increase income inequality! So the lorenz curve should shift to the right (away from 45 degree line of income equality) Income inequality worsens as burden of tax is heavier on the poor. Since indirect taxes are regressive this means that the poor have to spend a greater proportion of their income in paying these taxes..
  4. Any thoughts on LadyA? Any important or interesting points that anybody came across? It would be great to share ideas and prepare together! I think its really important to know the costs and benefits of each of the three options in the end as I have a feeling they are bound to ask something regarding that. We can create a SWOT analysis for each of the options. The main strengths would be her previous experience and existing brand loyalty. Weaknesses: Tough competition from other younger or more experienced singers. Any more ideas?
  5. You could probably explore whether its the best market structure for this particular industry or not... And maybe compare it to one more country where alcohol isn't sold by the government and compare effects on public, quantity sold etc. etc... Idk just an opinion
  6. OMG Yeahh I actually don't remember what did though... xP
  7. I got a 41%.. But the answers 44% I made a stupid calculator error while entering the inputs and ended up with the wrong answer Hopefully I won't lose too many marks..
  8. Oh no.. They asked to find a line perpendicular to the given lines and its point of intersection with each of the lines...
  9. First probability that one turnip weighs more than that specific given (using normal distribution), then you use binomial because you have a given nr. of turnips. At least that's how I've done it, not impossible I got it wrong. Btw, random fact, I had no idea what's a turnip until now. And that question with the goat was so cute!! Gruff. :3 First probability that one turnip weighs more than that specific given (using normal distribution), then you use binomial because you have a given nr. of turnips. At least that's how I've done it, not impossible I got it wrong. Btw, random fact, I had no idea what's a turnip until now. And that question with the goat was so cute!! Gruff. :3 I couldn't stop laughing in the examination. They named the goat!! Like wow.. so specific
  10. OMG Really!? I wasted like so much time on that question! And after that i just gave up and moved on to the last part...
  11. How was Paper 2 guys! My paper two was so so so much better than Paper 1 but Paper 2 boundaries are way higher than Paper 1 so idkk
  12. Everybody in my grade was like OMG.. It was so easy and now I'm really worried :/
  13. If only I was sure about my future! My confession: Its so unfair that two of friends got done their IB exams today.. And I have to slog for ten more days!? The next person is probably going to confess about how they're really waiting to get done with IB.. (forever!)
  14. Personally, I found it pretty challenging.. Some questions had me stumped but I'm hoping I'll get a 6 but I'm sure to lose a lot of marks in Section B
  15. I think the questions were really generic. Like what do i compare monopolies to? Perfect competition, oligopolies or monpolistic?? The part b questions were still better. Like I mean investing in research and development and government spending on infrastructure leads to rightward shift in LRAS!! And elaborating on this for 10 marks - I think that was crazy Yeah, same, I ve gone into describing society loss and reduced consumer surplus and stuff in monopolies etc. But there were 2 things you kind of had to say - that they can make abnormal profits in the long run and that they can invest those into the R and D to improve their products and stuff. With section B I think it was pretty simple, I ve drawn a cheeky PPC as well lol (outward shift). Part (b) was a lot of bla-bla-blaing. Did you do the question with perfect competition and oligopolies on paper 3? Yess! The exchange rate question got me a little confused But perfect competition and oligopolies was pretty cool... except I NEVER expected them to incorporate market structures in paper 3
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