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Saturday 27 May 2017
Blog Update
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Hello World! Its Rahul from designing brilliance. So I know that it has been a while since the last post; however we shall get some n...
Friday 17 February 2017
Protectionism
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A question and answer on a 25 marker competition question. Extract C suggests that 'increased protectionism could be damaging as the...
Thursday 16 February 2017
Choice architecture
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A question and answer on a 15 marker competition question. Traditional economic theory assumes that consumers make rational decisions t...
Wednesday 15 February 2017
Market competition
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A question and answer on a 15 marker competition question. 'The internet has benefitted small firms and has helped to make markets ...
Oligopoly - Kinked Demand Curve
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A question and answer on a 9 mark Kinked Demand Curve question. Using a diagram, explain how the kinked demand curve can explain pric...
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