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QUESTION 4 NOVEMBER 2017 P32 Q2
1 LENGTH AND TIME
17 Receipts and Payments Account 195
enabling a well-rounded understanding of the country’s dynamic context
162 Economics A2 Level 9708 Revision Notes Series Information & Communication Technology QUESTION 4 NOVEMBER 2017 P32Economics A2 Level Revision Notes Series By Zain Mushtaq TABLE OF CONTENT UNIT 1 CONSUMER BEHAVIOUR Law of diminishing marginal utility Indifference curves and budget lines UNIT 2 TYPES OF COSTS, REVENUE AND PROFIT, SHORT RUN AND LONG RUN PRODUCTION The short run and the long run Law of diminishing returns (Law of variable proportions) Short run costs Average costs and marginal cost Production and costs in the long run Economies and dis economies of
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