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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Problem Statement: I have been given a three month option on a possible gold mine in Alaska and after spending two and a half months I have been able to discover a gold mine. Now‚ my concern is to identify the best possible strategy to reach the claims office in 2 weeks considering the risks of losing the gold mine and life because of the unfavourable weather conditions. Analysis of Issue and Areas of consideration: Claiming the gold mine within two weeks is my priority. However‚ there are some life
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Thermochemistry IB questions 1. Ammonium nitrate‚ NH4NO3‚ dissolves readily in water according to the equation: NH4NO3(s) NH4+(aq) + NO3-(aq) H = 28kJ mol-1 Which of the following contribute(s) to the occurrence of this process? I. The system moves to lower enthalpy. II. The system becomes more disordered. a. I only b. II only c. Both I and II d. Neither I nor II 2. Which substance has the largest lattice energy? a. NaF b. KCl c. MgO d. CaS 3. A certain reaction is spontaneous
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IB CASE STUDY * CHAPTER 2 [OBJ 2] Successful companies have insightful strategies‚ great supply chains and sharp financial systems. Ultimately‚ though‚ success is a function of the people who start and sustain the company. The challenge of putting the right person into the right job in the right place at the right time for the right compensation takes us to the front lines of international business. One can evaluate HRM from many perspectives. Two reasons motivate an executive perspective
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In the story of Beowulf‚ gold and treasure play a very important role in the last chapter of the story‚ when as an old man‚ Beowulf leaves to go and fight the dragon on which had unleashed its fury on the people in Beowulf’s kingdom because a thief had stolen a flagon (golden goblet) out of the dragon’s load of treasure. |...one dragon began to rage. It guarded a hoard high upon a hill in a very steep barrow of stone and it was seldom traveled by many man. However one man journeyed upon that cave
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“All that glitters is not gold.” Many things may appear very attractive. But‚ when they are examined‚ they often prove to be deceptive. One cannot judge the quality of a thing by seeing its exterior only. Thus is the proverb – “All that glitters is not gold.” A beautiful packaged product launched in the market after massive advertising campaign may attract the consumer. One who cannot afford to buy most of the goods is easily tricked in to buying fake and imitation goods. He may buy that product
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Eliezer Wiesel a brave man‚ a role model‚ a leader. These traits describe an honorable man‚ and that man is Elie Wiesel. I truly believe he deserves the Medal of Honor for his many milestones and accomplishments‚ and sadly losses‚ and experiences. From trembling in fear for months to being a recipient of a hard earned Nobel Peace Prize. Elie truly conquered life. In May of 1944‚ young Wiesel was deported by Nazis to the Auschwitz camp at just fifteen years old. Elie’s mother and younger sister perish
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for this course is demanding. However‚ always remember that the goal of this course is to give you the best possible preparation for your college career – you may even earn college-level credit The purpose of this course is to prepare you for the IB exam and for college. Since your exam will be taken at the end of your senior year‚ it is critical that you save your assignments and notes in an organized format. You will need them to study for the exam. We will be creating study guides‚ note cards
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whose members include the much-admired saxophonist Chris Cheek‚ bassist Ike Sturm‚ and drummer Zach Harmon. The compositions were written while Hartman was still in London and reflect a period of travels and moves between cities and countries. “The Heights” opens the album with Hartman uttering a continuous melodic cadence on top of a steady bass-drums tandem. The trio was waiting for Cheek to join them for a well-delineated post-bop drive where guitar and sax mesh up with brightness‚ purpose‚ and instinctive
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Day gift: a gold pin...She spends most of the book working hard to earn it. Trying to find a job in a small neighborhood is hard. Mattie just got called off on a babysitting job and her mother is in bad condition. While shopping with her best friend Toni‚ Mattie finds the perfect gift for her mother for mother’s day but the problem was that she didn’t have enough money to buy such an expensive gift. She try to put a deposit and was left with 30days to come up with the money to buy the gold pin* with
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