You are welcome to ask questions on Economics.
I will post the answer on this blog, for everyone to benefit from.
I shall try to answer the economics question and / or point to other resources but please bear in mind.
- The replies will be guidance and not for duplication. Your essays should always be your own work.
- My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
- I can’t guarantee to always give full answers it also depends on my time schedule.
- The answers will not necessarily be complete. I know several of my essays on this site could be improved.
- I will answer as a new post. Check home page of blog for new post. With question and answers
- If you leave your email in the comments, I can try and let you know (email will not be published)
I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.
If you find the information useful, you are welcome to buy me a coffee.
About The Author
explain what effect will each of the following have on the
demand for product B.
a. Product B becomes more fashionable.
b. The price of substitute product C falls.
c. Income declines and product B becomes an inferior good.
d. Consumers anticipate the price of B will be lower in the near future.
e. The price of complementary product D falls.
Please Give some comments on my given below Question…….EXPERTS!
What are the major determinants of price elasticity of demand? Use
those determinants and your own reasoning in judging whether demand for
each of the following products is elastic or inelastic.
a. Bottled water;
b. Toothpaste;
c. Crest toothpaste;
d. Ketchup;
e. Diamond bracelets;
f. Microsoft Windows operating system.
THAN YOU VERY MUCH
When Mr.Ahmad’s income was Rs.10, 000, he bought 20 liters of milk per
month, when his income increased to Rs.2, 000; he purchased 24 liters of
milk per month. Assuming to change in the price of milk, what is Mr. Ahmad’s
income elasticity of demand for milk?
Hi
I have an essay thats due soon and its about the size of the goverment. Is large goverment bad for growth? to what extent does emperical evidence support this assertion?
Please help me answer this question by giving me guidelines to follow.
what is the relationship between inflation & economic growth & how they affect each other
what is the difference between consumer led recovery and investment led recovery