UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Level 9708/42 ECONOMICS Paper 4 Data Response and Essays (Supplement) October/November 2011 2 hours 15 minutes Additional Materials: Answer Booklet/Paper * 2 1 8 2 6 0 2 5 0 5 * READ THESE INSTRUCTIONS FIRST If you have been given an Answer Booklet‚ follow the instructions on the front cover of the Booklet. Write your Centre number‚ candidate number and name on all the work you
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A Closer Look at We Were the Mulvaneys Joyce Carol Oates caught the hearts and attention of many when she wrote We Were the Mulvaneys. Oates was born during the Great Depression‚ a time when feminism and gender played a big role in her life. (Powers 333). Even as a small child‚ she enjoyed writing. She majored in English and eventually earned her master’s degree. Shortly after‚ she taught at the University of Detroit‚ University of Windsor‚ and at Princeton. Aside from her teaching career‚ she
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Look Back In Anger ‘How when Jimmy is so objectionable‚ does Osborne maintain our sympathy for him?’ The play first opened in 1956 and it was hailed by Kenneth Tynar from the Observer as ‘totally original play of a new generation’. The Independent’s Arnold Wesker in 1994 wrote ‘Osborne opened the doors of theatres for all the succeeding generations of writers.’ Osborne in this play did something that had never been done‚ the way he demonstrated the ‘kitchen-sink’ dramatists as their style of
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| |Higher 1 | ECONOMICS 8819/01 Paper 1 1 September 2011 3 hours Additional Materials: Answer Paper READ THESE INSTRUCTIONS FIRST Write your name‚ index number and CT class on all the work you hand in. Write in dark blue or black pen on both sides of
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Economics Answers Define the following terms: 1) Public goods are goods that when produced can be freely consumed by anyone‚ for example the justice system. They are made up of the following goods‚ non-exclusive and non-rival. Non-exclusive goods are goods that people cannot be excluded from consuming‚ it is difficult or impossible to charge for its use which implies no private market as benefits cannot be denied to those who refuse to pay‚ for example public TV. Non-rival goods or
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Chapter 1 The Big Ideas in Economics Think of why some goods should be allocated by money while some not. Why demand curve is downward sloping? Two effects: 1.Substitution effect (dominent) 2.Income effect (small) The demand&supply curve can be read horizontally or vertically. You should be familiar with both ways of reading. Chapter 3 Supply&Demand Concepts: 1.A normal good: a good for which demand increases when income increases. An inferior good: a good for which demand decreases
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10 40.71 60 160 9600 -10 6000 15 37.5 50 180 9000 -30 6400 20 35.56 (b) The market structure of television broadcasting industry is oligopoly. As the television broadcasting industry requires license given by government‚ so it has barriers to enter the industry. Also‚ there is only three television broadcasting companies in the market‚ the industry just exists a few sellers. Moreover‚ to the commercial companies‚ advertising services from different broadcasting company are differentiated
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taking its price from the whole industry. 6. There are a very large numbers of firms in the market. 7. There is no need for government regulation‚ except to make markets more competitive. 8. There are assumed to be no externalities‚ that is no external costs or benefits. 9. Firms can only make normal profits in the long run‚ but they can make abnormal profits in the short run. The firm as price taker The single firm takes its price from the industry‚ and is‚ consequently‚ referred to
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MICROECONOMICS CHAPTER 1 INTRODUCTION TO ECONOMICS ____________________________________________________________________________________________ 1.0 INTRODUCTION – THE SUBJECT MATTER OF ECONOMICS Economics comes from the verb ‘to economise’‚ and this means making ends meet. This is a study of how society makes decisions‚ regarding the allocation of scarce resources. Economics as a subject is divided into two parts; Economics‚ social science concerned with the production‚ distribution
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EFFECTIVE UNIVERSITY-INDUSTRY PARTNERSHIPS The Experience of China‚ India‚ Japan‚ Philippines‚ the Republic of Korea‚ Singapore and Thailand WORLD INTELLECTUAL PROPERTY O R G A N I Z AT I O N THE PRESENT STUDY* IS BASED ON RESEARCH** CONDUCTED BY A GROUP OF EXPERTS UNDER THE COORDINATION OF: Mr. Risaburo Nezu‚ Senior Executive Fellow‚ Economic Research Center‚ Fujitsu Research Institute‚ Japan WITH THE PARTICIPATION OF: Chou Siaw Kiang‚ Vice-Dean‚ External and Industry Relations‚ Faculty of
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