CAPE Information Technology Unit 2 Paper 1 2010Full description
CAPE Economics Unit 2 Paper 1 2009Full description
;2010 ,.
3.
Item repr repres esen ents ts th prod produc ucti tion on poss possib ibil ilit it for
av la
fron fronti tier er
milk
or
co tr ti
T h i B E S T l lu lu s r at at e
only.
(A) (B)
choice scarcity rationing shortage
(C)
(D)
is
4.
econo economi mi
stat statem ement ent
(A)
minimum wage wage rate rate Ar Cookies
spending. (C)
1.
will will affe affect ct bu oper operat ator ors. s. reduction in inte intere rest st rate rate will will affe affect ct inve invest st en in coun countr tr
du to dise diseas as An increase in th popu popula lati tion on of co succ succes essf sful ul anti anti-c -coo ooki kies es camp campai aign gn
(A) (B) (C)
An
cookie
production
Price
to
Ticket price
o~------~~------------~ Quantity
5.
optimum optimum producti production? on? OL.._---------..:;... be
2. trip.
government
of th
er
mpo es
er ce
pr ce ce ng ou
(A)
(B) (C) (D
bo il iu ow he qu ib um
ic ri
ce
6.
Assu Assumi ming ng that that firm is earn earnin in norm normal al prof profit its, s, atwhic atwhic poin poin ould ould argi argina na even evenue ue (tv1R) Marg Margin inal al Cost CostCM CMC) C) (A) (8) (D)
III IV
-j
efer efer to th prod produc ucti tion on poss possib ib lity lity fron fronti tier er belo below. w.
posi positi tive ve slop slope? e?
(A)
("
(B) i_,p
RU (A)
(B) (C)
(C)
is inef ineffi fici cien ent. t. is tech techni nica call ll inef ineffi fici cien ent. t. is allo alloca cati tive vely ly inef ineffi fici cien ent. t. prod produc uc ivel ivel ne fi ie
8.
from Poin Poin change from (A)
to Point O?
uncban angi ging ng An uncb
stat stat ofte oftecl clmo molo logy gy
use of avai availa labl bl
production
(D)
reso resour urce ce
44.
Items to tech techni nica ca prob proble le
bein bein ex erie erienc nced ed (A)
was that that he purc purcha hase se It
noti notice ced, d, shor shortl tl
(A)
afte afterw rwar ards ds
(B) (C)
5.
Giffen Public Normal Inferior
in uced uced part part of func functi tion on disc discre reet et chan change ge aria ariabl bles es auto autono no ou part part of func functi tion on cont contin inuo uous us chan change ge in vari variab able le
follow owin in raph raph of prod produc ucti tion on th foll possibility fron fronti tier er illu illust stra rate tes' s' de reas reasin in opportunity?
Capital
goods
11.
(A)
represent? (A)
Giffen Normal Inferior Ostentatious
Consumer goods
.R
12 (B)
outw outwar ards ds indi indica cate te
Capital goods
(A)
(B)
Consumer goods
(C) ithe ithe good good is prod produc uced ed to th prod produc ucer er
(C)
13.
term term 'ind 'indif iffe fere renc nc
curv curve' e'
Consumer goods
(A)
maxi maximu mu
sati satisf sfac acti tion on
(8) of satisf satisfact action ion (C)
(D
indifferent th sa
Consumer goods
c~ij_diijeS
1.9.
po an ch ac ri Firms
iVil!r iVil!r-ket -ket Share Share
(%)
(B)
50
of
iv
od
by th priv privat at
sector.
It
quan quanti tity ty an qual qualit ity. y.
25
co umpt umpt
or pr uc on
others.
r:
20. situation is
16.
Conc Concen entr trat atio io (A) (B) (C
(D)
Rati Ratio? o?
(A)
5% 25% 75% 95%
(C) (D)
shows mono monopo poli list stic ical ally ly comp compet etit itiv iv run equilibrium
non-riva non-ri va probl problem em free free-r -rid ider er prob proble le nonnon-ex excl clud udab able le prob proble le drop drop-i -inn-th thee- buck bucket et prob prob le
fu
isi11 th long long
AC
Miss Bent
I~I
MR stat statem emen en
Qu antity antity
desc descri ribe be
(A)
Inefficiency
(B)
Mora Mo ra haza hazard rd
(C) (D
dver dverse se sele select ctio io Asym Asymme metr tric ic info inform rmat atio io
