Sunday, 26 April 2009

Examiner report for Unit 1 (Jan 2008)

Unit 1 In January 2008 :

Question (a) : Using an example in each case, identify two different factors of production which may be needed for the production of pizzas that are delivered to homes
Comments of examiners: A small number of candidates gave land as an example of a factor of production but then gave a wrong example that did not refer to the site or raw materials characteristics.


Question (b) : State and explain two possible determinants of the increase in demand for high quality pizzas
Comments of examiners : The best answers usually referred to a change in income/disposable income as a possible determinant. A lot of candidates drew extensively on the first five lines of the case study. The majority of these answers, however, did not recognise the reasons given as being the taste / fashion determinant of demand. Another weakness was that this same so-called determinant was used for a second time.


Question (c) i : With reference to the data, use a supply and demand diagram to show how the global price of mozzarella cheese has increased.
Comments of Examiners : The original intention of this question was to award a mark for answers that explicitly recorded $1940 and $3000 on the vertical axis, hence the line reference.

Question (c) ii : Explain how the global market of cheese might change with the release of US stock piles
Comments of Examiners : This question caused problems for many candidates for the reason stated above. Given the context, it is difficult to see candidates confusing ‘stockpile’ with ‘stocks’, as used to describe a synonym for shares. So not as many candidates as might have been expected gained four marks for some simple market analysis of the sudden release of the additional supply of US cheese onto the market. Although not required, a diagram could achieve three marks.

Question (d) ii : Explain the significance of the price elasticity for mozzarella cheese producers

Comments : There was considerable confusion between revenue and profits when referring to the effects of an increase or decrease in price. Only a handful of candidates stated that the 0.2 estimate indicates that there are seemingly few close substitutes for mozzarella cheese. Rather more candidates explained that the statistic was an estimate and that producers should bear this in mind when making pricing decisions.

Question (e) : Using evidence provided, comment on the extent to which the market for high quality pizzas may be considered to be one of monopolistic competition

Comments : To obtain marks though, it was essential that the written answer was applied to the high quality pizza market.
As in previous examinations, there were some weak answers from candidates who wrote about ‘monopolistic’ and not ‘monopolistic competition’. These answers did not gain marks due to the confusion with monopoly. Two marks were most typical for commenting that the market was most likely an oligopoly due to the dominance of well known brands. Rather more comment was needed for full marks; for example, that data was needed to make a proper assessment or further information was needed on some of the other characteristics of an oligopoly

Question (f) : Discuss the extent to which the increase in the global price of mozzarella cheese is really of serious concern to all pizza producers

Comments : The main way that most candidates used to reach Level 4 was to distinguish between large and small pizza producers. This was usually done by considering how larger firms could benefit from economies of scale, particularly through the bulk purchasing of mozzarella cheese. Other possibilities were to make assumptions about the price elasticity of demand for pizzas or to discuss how other variable costs might be reduced. Some answers recognised correctly that all producers would have to bear the costs and that the market structure could have a bearing on pricing decisions. A high mark on this part required a discussion of more than one of these aspects.

44 comments:

chris sivewright said...

This is NOT what you're supposed to have done and will not be of much help.

Mr.Lex said...

Di me may Long!Cha`o bo^' chua???

NARA . YAN said...

please come to do the survey here !

http://naralovely.blogspot.com/2009/09/survey-of-honesty.html

thx!

鞋子的 said...

Anyone can hold the helm when the sea is calm...................................................

美利 said...

弱者等待時機,強者製造時機~~gogogo ....................................................

火鍋 said...

先將一個人的生活過好,才有能力過好兩個人的生活........................................

寧年 said...

沒有友情,人生何樂?........................................

少菁 said...

我們唯一需要恐懼的事,是恐懼本身........................................

VincenzoJ_Markle0727 said...

It's great!!.............................................

俊琴 said...

18禁,聊天,免費影片,美女短片,0401,免費聊天,免費視訊,0204,78論壇,亞洲影城,視訊聊天,免費影片,聊天室,ut,成人,視訊,都都,視訊,打飛機專用網,小高聊天室,視訊,免費影片,a片免費,a片,18,免費線上視訊,日本a電影,影音視訊聊天室,貼圖區,av,383,77p2p,85cc,無碼,av影片,av專賣店,a片線上看,a圖,免費線上影片,微風成人

俊鑫 said...

都都成人站哈雷聊天室919sex色片直播網ao3美女圖sexsun comaaaaa7777788卡提諾成人日本a片-aa片免費看av999免費影片250av女優免費影片日本影片自拍日本影片區日本巨乳a片日本屎尿片日本少女寫真集dvd專賣店日本學生偷情影片日本學生寫真集日本寫真美女 dvd日本寫真集 rain日本寫真集女星美女 視訊美女 視訊免費線上成人影片戀愛ing聊天室免費聊天firework嘿咻kiss168cu成人bt情色 網援交友留言聊天室找一夜666成人無碼免費girl5320視訊做愛色美媚歐美模特兒寫真天空交友八國聯軍成人曼雪兒成人文學小說曼雪兒成人文學曼雪兒情色文學成人小說曼雪兒成人曼雪兒成人免費小說

茂慧 said...

嘿,你的部落格不錯耶~~只是想跟您問聲好!!........................................

Angelo冠宇 said...

不要讓挫敗把你擺平,再給自己一個機會,從新再出發.............................................

CameliaS佳宣 said...

風平浪靜時,人人都可以當舵手..................................................

筱婷 said...

sex貼片,姦淫小說 高雄視訊34C援交妹AIO 成人視訊jeyn 美女交友豆豆情色視訊 情色文學成人小說,情趣 av博物館 網愛交友qk176 一葉晴語音聊天網av127 hi5 tv 免費影片 173視訊聊天 777成人 硬弟弟論壇 影音交友616 聊天室13060免費 104廖家儀自拍外流 24h免費成人頻道 0204movie免費影片 s18x色網 辣妹影片直播av無碼 aio交友愛情館視訊交友90739 台北聊天交友 援助交際聊天室 嗆辣妹影音視訊聊天室 做愛影片 洪爺影城 辣妹自拍哈尼視訊 台南援交友留言 情惑用品性易購 哈尼視訊,鹹濕視訊 0401遊戲線上 sex女優王國自拍 qq 視訊交友 美女交友影音視訊聊天室 辣妹視訊網 無碼卡通,無碼a片 104自拍 部落格 遊戲區 免費視訊-美女館 34c辣妹影片直播 豆豆情色風暴視訊 給我棒棒 sexy girl,mm視訊kk視訊 85cc辣妹視訊 台灣妹色網 dudu嘟嘟成人網 成人圖片 77p2p影片區 無碼 av影片 視訊聊天 影片 寫真 080台灣名模討論區 視訊網愛聊天室 正妹牆qk176

京蕙 said...
This comment has been removed by a blog administrator.
文佩齊華 said...

A stitch in time saves nine...................................................

林雅婷 said...

做愛限制級波霸口交18禁貼圖寫真視訊援交露點爆乳潮吹裸體裸照裸女愛愛無碼尋夢視訊聊天a漫a片a圖一夜情一葉情人妻激情情色寫真美女自拍辣妹自拍正妹自拍美女走光辣妹走光正妹走光脫衣秀

子帆 said...

April showers bring May flowers. ........................................

玫友 said...

It is no use crying over spilt milk..................................................................

雅馨 said...

仇恨是一把雙刃劍,傷了別人,也傷了自己..................................................................

張瑋劭 said...

知識可以傳授,智慧卻不行。每個人必須成為他自己。......................................................................

靜宸靜宸 said...

成熟,就是有能力適應生活中的模糊。.................................................................

珍昕珍昕 said...

成熟,就是有能力適應生活中的模糊。.................................................................

星美星美 said...

成功多屬於那些很快做出決定,卻又不輕易變更的人。而失敗也經常屬於那些很難做出決定,卻又經常變更的人.................................................................

賢林賢林 said...

你的分享很不錯.. 謝謝 ..................................................................

吳婷婷 said...

你的部落格不錯哦,我來享受一下~~..................................................

竹青 said...

來幫忙拼人氣~Go Go Go..................................................................

江冠彭珮李佳宏陽筠 said...

唯有穿鞋的人,才知道鞋的哪一處擠腳............................................................

姿柯瑩柯dgdd憶曾g智曾 said...

工作,是愛的具體化~~~~努力吧!............................................................

劉耀德劉耀德 said...

什麼樣的學習計畫並不重要,重要的是你是什麼樣的人。............................................................

莊雅和莊雅和莊雅和 said...

It is no use crying over spilt milk.......................................................................

承蘋承蘋 said...

嗨!很喜歡來這欣賞你的作品,幫你推推推當上人氣王唷..................................................................

逸蔡凡逸蔡凡逸蔡凡 said...

所有的資產,在不被諒解時,都成了負債.................................................................

承謝翰承謝翰 said...

A crowd is not company.............................................................

思張張亦 said...

thank you so much~~ SUPPORT!!............................................................

文王廷 said...

Poverty is stranger to industry..............................................

張韓涵旺建宇 said...

一時的錯誤不算什麼,錯而不改才是一生中永遠且最大的錯誤..................................................

胤志文志文志文富 said...

Poverty tries friends...................................................................

怡靜怡靜怡靜怡雯 said...

認清問題就等於已經解決了一半的問題。..................................................

至馬馬馬馬玄馬馬馬馬 said...

看到好文章心情就很好 ^^..................................................................

王郭亮珠郭亮珠郭亮珠建人 said...

期待你的下次更新喔^____^..................................................

舒夏怡 said...

第一次來這裡 愛上你的部落格 感謝你的分享...............................................................

志涛 said...

人生有如洶湧的波濤,如果沒有岩石的阻擋,怎能激起美麗的浪花?.. ... ............................................................