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Tag Archives: HL
G11 – Linear equations and subsidies
In the last few lessons we’ve been looking at linear functions and the impact of subsidies. I set you this question in class and asked you to complete it for homework. Here is the answer. Have a look through and … Continue reading
Posted in 1. Microeconomics, Economics
Tagged Adam Seldis, HL, IB Economics, linear functions, MIcroeconomics
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G11 Economics – answer to the taxing linear equation question
In class we had a look at the following question: If QD = 500 – 10P and QS = -100 + 50P, what will be the impact on the following of a government introducing a €3 specific tax: Consumer surplus Producer … Continue reading
Posted in 1. Microeconomics, Economics
Tagged Adam Seldis, HL, IB Economics, linear functions
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