Hi, for Activity 3, b) should not it be diagram for negative externality of production more suitable than negative externality of consumption? Thanks. Kristina
Unit 2.12: The market’s inability to achieve equity (HL only)Thanks for your good question Zichao. No, there is no time limit. I do, however, think it is better to avoid very historical examples such as the 'Great Depression' in the 1930s. Hope this helps. Alex
Real-world examples to support SL and HL paper 1Is there any time limit for real-world examples, such as requiring them to be from within the past five years?
Real-world examples to support SL and HL paper 1Thank you Mr. Mark
Paper 2 guidanceThank You So Much Mr. Mark
Paper 1 guidanceHi Michael, Thank you so much for your point. It should work now. Kindest, Alex
Microeconomics units 2.1 to 2.4(2)There is an issues with the link to slides 2.2. The link goes to slides 2.6 instead.
Microeconomics units 2.1 to 2.4(2)It is all good now, thanks!
Paper 3 question on subsidy and taxesNikita, you must attach the actual article because examiners are advised that they are not required to click on the link to search for it. Correct regarding your question about diagrams.
Exemplar IA: Sample 1a
Mark
Site authorKristina, I 100% agree with you but I have informed that the IB will only award marks for demerit goods that show MSB below MPB, caused by a negative externality. If you draw it as MSC above MPC, they will mark it wrong. This applies to...
Unit 2.12: The market’s inability to achieve equity (HL only)