I have used formulae of the (difference / original number) / original number x 100. I have rounded up the 3/52 answer to 0.06, not 0.5 because it was 0.57.
Unit 2.6: Price elasticity of supplyMark, thanks but this one: (345-335)/345 * 100/ (1.45-0.93)/1.45*100= 2.98/55.91=0.05 for me it seems to be wrong. The formula should be: New figure-Old figure/Old figure, then it is (345-335)/335*100/(1.45-0.93)/0.93*100. But your result is right...
Unit 2.6: Price elasticity of supplyKristina, it is calculated by (350-335)/350 * 100/ (1.60-0.93)/1.60*100= 4.29/41.88=0.1 then (345-335)/345 * 100/ (1.45-0.93)/1.45*100= 2.98/55.91=0.05 then finally, (325-345)/345 * 100/ (1.45-0.90)/1.45*100= 5.79/37.93=0.15
Unit 2.6: Price elasticity of supplyHi, Activity 8 - practice questions, 2.task, calculation from the table, second row, I can not find where I am making mistake: PES = (345-335)/335 * 100/ (1.45-0.93)/0.93*100= 3/56=0.053. There are different figures in the table PES=3/52=0.058. I...
Unit 2.6: Price elasticity of supplyThanks, Alex!
Unit 2.5(1): Price elasticity of demand (PED)I would agree Sunit, certainly in P2 but in those instances the student would need to either provide two reasons (each worth 2 marks) or a diagram plus explation. In this case just one explanation is required and so I could not think of a better command...
Paper 3 question on government interventionexplain command term generally is tested for 4 mark question
Paper 3 question on government interventionCorrect Anna, let me change the wording of that the student should only focus on the solution identified in the article. This was written some time ago before the IBO clarified their position.
How to write your IALooks fine to me Britthney, the evaluation would come from the impact of the tariffs on different stakeholders.
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David
This is super helpful, thank you. Looking at the table, I am assuming this was compiled by comparing past paper 3 questions since the start of the syllabus change for paper 3. I can also assume, since this table is based on...
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