Economics IB past paper questions Structural questions 1. (a) “The price elasticity of demand and the price elasticity of supply for many primary commodities tend to be low.” Explain what is meant by this statement‚ and how this contributes to the problem of price instability for primary commodity producers. [10 marks] (b) Evaluate the view that it is best to allow primary commodity prices to be determined purely through the free interaction of market forces. [15 marks] 2. Explain what
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Psychology‚ you will only get penalised for NOT ASKING QUESTIONS. Paper 1 = Core material 50% of final grade Section A – 53 % Section B – 47% A – Knowledge & Comprehension B – Evidence of critical thinking: application‚ analysis‚ synthesis and evaluation C – Organisation (Structure) Strategy: 20 mins + 5 mins planning for each of SAQs questions 50 mins for LAQ question CHOOSING and planning 10 mins for spellcheck Paper 2 = 25% of final grade Two 22 marks LAQs. 5 Optional topics are available
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Name: AP Economy Review Packet QUESTIONS 1. Economics is best described as a. the study of how scarce material wants are allocated between unlimited resources. b. the study of how scarce labor can be replaced by unlimited capital. c. the study of how decision makers choose the best way to satisfy their unlimited material wants with a scarce supply of resources. d. the study of how unlimited material wants can best be satisfied by allocating limitless amounts of productive
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1. Raymond Vernon argued that new products were developed by U.S. firms and first sold in the U.S. market because c. The wealth and size of the U.S market gave the firms an incentive to develop new products 2. This theory‚ initially proposed by Raymond Vernon‚ was based on the observation that for most of the 20th century a very large proportion of the world’s new products had been developed by U.S. firms and sold first in the U.S. market. a. Product life cycle 3. China‚ deliberately keeping
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International Business: The New Realities‚ 3e (Cavusgil) Chapter 4 The Cultural Environment of International Business 1) Cross-cultural risk is often intensified by managers with geocentric tendencies. Answer: FALSE Difficulty: Easy Skill: Concept Objective: 4-1 AACSB: Dynamics of the global economy; Multicultural and diversity understanding 2) An ethnocentric orientation positively impacts the ability of managers to manage business projects and new business practices abroad.
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Food and Beverages at Southwestern University Football Games? Food and Beverages at Southwestern University Football Games Southwestern University (SWU)‚ located 30 miles southwest of the Dallas/Fort Worth metroplex‚ has witnessed tremendous growth in its football program. With that growth‚ fueled by the hiring of legendary coach Bo Pitterno‚ has come more fame‚ the need for a bigger stadium‚ and more complaints about seating‚ parking‚ long lines‚ and concession stand prices. Southwestern University
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Math Today When We Have Devices Luke A. Douglas Ashford University MAT222: Intermediate Algebra Instructor Robb March 3rd‚ 2014 Math Today When We Have Devices Some think that math has no place in the world‚ and I must admit that I am one of those people. I understand that we do use math everyday but in an age of technology it’s no longer needed as much as it once was; or is it? I theorize that math is still an important tool that we must remain proficient at to keep up with the times
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MATH PROJECT SELECTION LIST 1. Investigate the five "perfect" (or Platonic) solids and explain why there are only five. References: "The Mathematics Teacher"‚ April ’77‚ p. 335; I have directions for making the solids from strips of paper; NCTM Student Math Notes‚ May 1999. 2. Research an invention based on unusual geometric properties or configurations (e.g. Rolamite Bearing‚ Wankel Engine‚ Holograms‚ etc.). References: "Popular Science"‚ Feb. ’76‚ p. 106; "Popular Science"‚ Aug
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Commentary on The In-Between World of Vikram Lall In this passage from The In-Between World of Vikram Lall by M G Vassanji‚ the petrifying attack of two siblings and their rescue is depicted. With the use of an extremely detailed character description‚ the horrific nature of the attackers and the amiable personality of the rescuer become very apparent. Also‚ the unusual and enticing setting brings the story to life and also calls attention to the contrast experienced in the passage. Furthermore
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INTERNATIONAL BACCALAURÉAT BACHILLERATO c BACCALAUREATE INTERNATIONAL INTERNACIONAL N02/460/S(2)M+ MARKSCHEME November 2002 ENVIRONMENTAL SYSTEMS Standard Level Paper 2 10 pages –5– N02/460/S(2)M+ Subject Details: Environmental Systems SL Paper 2 Markscheme General A markscheme often has more specific points worthy of a mark than the total allows. This is intentional. Do not award more than the maximum marks allowed for part of a question. When deciding upon alternative
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