UK Competitiveness, 25-Marker Walkthrough (Edexcel Paper 3)

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  • Опубликовано: 10 ноя 2024

Комментарии • 16

  • @nattycarey2083
    @nattycarey2083 5 месяцев назад +2

    for the micro point, could you mention In the evaluation that, although there is higher profits of B, leading to increased scope for dynamic efficiency which would decrease price in the LR and make the UK more competitive, firms may increase dividends of shareholders instead so this may not increase DE?

    • @EconSupport
      @EconSupport  5 месяцев назад

      Yes, that would work. If you have time you could break down which market structures are most likely to lead to firms retaining profits rather than lowering prices.

  • @lanss.vino1
    @lanss.vino1 5 месяцев назад +1

    Can you please do the 2021 paper 3 questions on evaluate the micro + macro factors which determine the number of firms in an industry? I find it really have to answer factors questions compared to questions on effects.

  • @Blessingstevens06
    @Blessingstevens06 5 месяцев назад

    can you please do a question on the financial sector for paper 3 i still struggle with that would be soo helpful

    • @EconSupport
      @EconSupport  5 месяцев назад

      Yes, is there a question you want in particular? I've not found any 25 markers on the financial sector.

    • @Blessingstevens06
      @Blessingstevens06 5 месяцев назад

      @@EconSupport probably just micro and macro effect of the financial crisis I don’t really mind anything would be helpful

    • @Blessingstevens06
      @Blessingstevens06 5 месяцев назад

      @@EconSupport are we going to do it plz

  • @Blessingstevens06
    @Blessingstevens06 5 месяцев назад

    for the removal of the tariff diagram is the country on the supply curve the one who imposed the tarrif on the Uk initially im so confused

    • @ella_mcgov2013
      @ella_mcgov2013 5 месяцев назад

      France placed the tariff on us, making a free trade deal with them allowed the tariff to be reduced this increased the UK output as Uk exports where now more price competive in France

    • @Blessingstevens06
      @Blessingstevens06 5 месяцев назад

      @@ella_mcgov2013 so can u not just label the Uk supply as world supply with tariffs then without instead

    • @ella_mcgov2013
      @ella_mcgov2013 5 месяцев назад

      @@Blessingstevens06 yep!

    • @Blessingstevens06
      @Blessingstevens06 5 месяцев назад

      @@ella_mcgov2013 ok thank you more clear cause it confused me