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JC Economics Essay Series #95 – Cross Elasticity of Demand & Related Markets

Essays, Exam Skills, H2 Econs, Market Mechanism, Resources

JC Econs Essay Cross Elasticity of Demand & Related Markets Model Answers  An e-book reader, also called an e-reader, electronic book reader, or e-book device, is a mobile electronic device that is designed mainly for the purpose of reading digital e-books,...

JC Economics Essay Series #93 – Fiscal Stimulus & Consumer Expenditure

Domestic Economy, Exam Skills, H2 Econs, Market Mechanism

JC Econs Essay Fiscal Stimulus & Consumer Expenditure Model Answers  Facing COVID-19, the Singapore government introduced a comprehensive support package (S$800 million) that includes enhanced wage subsidies under the Jobs Support Scheme (JSS) and rental relief...

JC Economics Essay Series #92 – PED & Imperfect Information for Demerit Goods

Exam Skills, H2 Econs, Market Failure, Market Mechanism, Resources

JC Economics Essay PED & Imperfect Information for Demerit Goods Model Answers  Oftentimes, Cambridge examiners and JC teachers set relatively tough essay questions by mixing concepts across topics. An example is this: Price Elasticity of Demand and Market...

JC Economics Essay Series #76 – Concepts of Demand Elasticities

Essays, Exam Skills, H2 Econs, Market Failure, Market Mechanism, Resources

JC Economics Essay Concepts of Demand Elasticities Model Answers  By now, you know that Cambridge examiners like to set harder questions by mixing concepts across topics. In this question, we have the concepts of Price and Cross-Price Elasticities of Demand  with...

JC Economics Essay Series #71 – Allocative Efficiency & Scarcity

Essays, Exam Skills, Externalities, H2 Econs, Market Failure, Market Mechanism

JC Economics Essay Allocative Efficiency & Scarcity Model Answers  When was the last time you attempted an essay with a mixture of concepts from Market Mechanism and on Market Failure topic? Add to the central economic problem of – unlimited wants and...

JC Economics Essay Series #70 – Elasticity Concepts & Market Failure

Essays, Exam Skills, H2 Econs, Market Failure, Market Mechanism, Resources

JC Economics Essay Elasticity Concepts & Market Failure Model Answers  This is another relatively difficult question by mixing concepts across topics. For this qn: a mixture of Elasticity concepts with Market Failure! One additional layer of difficult is that the...
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March 23rd, 2023

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