an easy way to remember:
Price for product goes up, and total revenue goes up, inelastic
Price for pruduct goes up, and total revenue goes down, elastic.
sometimes they have that in MC q's
most of the textbook swere written ages ago too.
the one im using, Jones and Couchman, was written 40 years ago, and they havent even bothered to fix the mistakes in it.
Q1: 8
Q2: stuffed up and wrote 5 pages of crap
Q3: 8 and a bit. scared a lot of people by asking for a second book but i only did it for the conclusion:D
btw did anybody write their own names on the letter? i wrote as Ian Stitiution :D :D :D
i got 95 % and came second...average mark about 70% which is pretty good for tafe:D
the exam wasnt too hard. tafe made it up coz we werent finished the whole course when we did the trial
lol...i did the same thing. my title was Changing Worlds. all i did was basically transfer my essay in and put in and intro and little subheadfings entitled Sky High...etc
and the letter, that was nice. i had a story prepared about development and it fitted perfectly with the song, just had...