Year 10 by Wan Dalila Wan Ismail

Starter 21/7/21

dalila_w — 2021-07-21 04:00:20 UTC

1) Why the firm enter new market?
2) What are problem entering foreign market?
3) How to overcome the problems entering new market abroad?

Akhil

2021-07-21 04:19:08 UTC

1) firms enter new markets to gain a bigger range of customers
2) different cultures in different countries
3) You can get an agent to help you out

Riki

dyshum6633 — 2021-07-21 04:20:40 UTC

1 increase in sales
2 lack of knowledge , exchange rate change
3 join ventures

jermaine

2021-07-21 04:23:10 UTC

1）to satisfy consumers needs ，to earn profit
2）different political ，economic system
3）do research

prathik

2021-07-21 04:25:25 UTC

1) they enter new markets to, reach a bunch of new potential customers, and to also earn more profits

2) Different economic systems

3) You can, get a person, like an agent to help you out with overcoming the problems.

Yap

2021-07-21 04:25:55 UTC

1. To increase sales by satisfying consumers needs/wants
2. Different culture, political
3. Research

Starter 6 sept:

dalila_w — 2021-09-06 04:16:58 UTC

What is business activity?
Give 2 examples

Ethan

2021-09-06 04:37:38 UTC

Business activity is the process of providing the needs and wants for your customers

1) Needs are limited
2) Wants are unlimited

Syaqira

2021-09-06 04:40:36 UTC

1. Providing service for the community
2. selling goods: food
marketing: making posters for promoting

Mizan

miss21010015 — 2021-09-06 04:41:06 UTC

Business activity is the process offering a service or product to customers in exchange for money
Selling football shoes
Selling a car ride

Lee Jia Tao

2021-09-06 06:36:23 UTC

Business activity is the progress which sell the goods to the people in order to earn money.

Examples:
1)selling clothes
2)selling food

Starter 7 Sept 2021

dalila_w — 2021-09-07 00:49:00 UTC

1) Define specialisation:
2) Explain advantage and disadvantage of division of labour

Economics Activities

dalila_w — 2021-09-07 02:26:32 UTC

Activities:
1) Discuss how a private firms producing running shoes would answer the three basic economic questions. (Page 2)
2) Make a 3 lists of the goods and services provided by public sector of your economy. (page 3)

syaqira

miss16020084 — 2021-09-07 02:32:11 UTC

1) a. running shoes
b. manufacturing
c. ATHLETES

2) school: education hospital: providing healthcare gas stations: gas, food

Shivendra

miss15010214 — 2021-09-07 02:32:25 UTC

1) What to produce?
Running shoes.

2) How to produce?
Raw and synthetic materials.

3) For whom to produce it?
Athletes, Runners, Joggers

anya

miss15010233 — 2021-09-07 02:32:37 UTC

1.
a) What to produce?
running shoes
b) How to produce?
through manufacture
c) For whom to produce it
consumers
2.
public transportations
schools
hospitals
aid

Javier

miss19020011 — 2021-09-07 02:33:00 UTC

1)
i) What to produce?
Running shoes
ii) How to produce?
Manufacturing
iii) For whom to produce it?
Consumers

2) Schools, public transport, healthcare

Amanvir

miss15010212 — 2021-09-07 02:34:18 UTC

What to produce?
Running shoes

How to produce it?
Using materials such as polyester

For whom to produce it?
Athletes,Joggers

2) Hospitals,Market,Schools,Public facilites

Jung

2021-09-07 02:34:43 UTC

1)
i) What to produce?
Running shoes
ii) How to produce?
manufacture
iii) For whom to produce it?
Consumer

EunSu

2021-09-07 02:34:56 UTC

1)runnind shoes
2)manufacture
3)consumers

Sharwen

2021-09-07 02:34:58 UTC

What to produce?
Running shoes
How to produce
Manufacturing
For whom to produce
customers
2
public transport
schools
hospitals

Michael

miss17010018 — 2021-09-07 02:35:09 UTC

1.) what to produce? how to produce it? for whom to produce it?
Produce running shoes, produce it by using machinery, produce for people

2.)education, healthcare services and shelter.
Services: haircut and driver

Lee Jia Tao

miss19020005 — 2021-09-07 02:35:16 UTC

What to produce?
running shoes
How to produce it?

For whom to produce it?
consumers

2)
public transport
education
healthcare

Yu Le

miss20010031 — 2021-09-07 02:35:25 UTC

1) What to produce? - running shoes
How to produce it? - Land, labours, capital
For whom to produce it? - athletes, runners
2) hospitals, schools, bus services

Zhi Siang

miss20010029 — 2021-09-07 02:35:37 UTC

1)
What to produce?
They are producing running shoes.

How to produce it?
Manufacturing using the limited materials that are given.

For whom to produce it?
For the comsumers who demand for it.

2)
Goods- books, computers, shoes
Services- education, travel, wi-fi

Starter: 21 Sep 2021

dalila_w — 2021-09-21 01:30:48 UTC

1) List four factors of production and explain.
2) What are rewards for each factors of production

Yu Le (Factors of production)

2021-09-21 01:56:54 UTC

Land - natural resources
Labour - human resources
Capital - manufactured resources
Enterprise - the skills a business person requires to manage the other three factors

Shivendra

miss15010214 — 2021-09-21 01:58:07 UTC

1) land (space or resources), labour (workers), capital (money and equipment), enterprise (ideas and marketing)

2) rent, wages, interest, and profit

syaqira

miss16020084 — 2021-09-21 01:58:33 UTC

1. land - cover all natural resources provided by nature e.g fields, forests
labour - people available to make products e.g machine operator
capital - machinery and equipment needed to manufacture goods
enterprise - people that provide the land, labour and capital to businesses

Michael

miss17010018 — 2021-09-21 01:59:02 UTC

4 factors of production
1.) Capital - computer, machinery and cars
2.) Enterprise - Partnership
3.) Land - geographical location, forests
4.) Labour - homework, preparation and caring for children.

anya

miss15010233 — 2021-09-21 01:59:38 UTC

1.
- land: natural resources
- labour: human effort
- capital: machinery
- enterprise: business know-how
2.
rent, wages and salaries, interest, profit, income

Amanvir

miss15010212 — 2021-09-21 01:59:54 UTC

1) The factors of production are land, capital, labour and enterprise . Land meaning extracting natural resources from places,capital meaning using machines to help us ,labour is using human resources and enterprise is the marketing ideas and business

2) Higher income ,profit

Javier

2021-09-21 02:01:40 UTC

1. Factors of production
Land - natural resources
Labour - human resources
Capital - manufactured resources
Enterprise - skills of a business to manage the other three factors

Lee Jia Tao

miss19020005 — 2021-09-21 02:01:48 UTC

Land - natural resources
Capital - the machine that produce goods
Labour - workers
Enterprise - the ability of a person to bring the factors of production together

2)profits

Zhi Siang

miss20010029 — 2021-09-21 02:02:14 UTC

1) List four factors of production and explain.
Land: The physical land where the business is located and also the natural resources that a business might need.
Labour: The staff needed by the business and the skills and qualifications they have.
Capital: The machinery and equipment needed by the business to make the products or provide the service.
Enterprise: The entrepreneur who takes a risk and creates the business using the other three factors of production.

Jung

2021-09-21 02:02:34 UTC

1)
land: natural resources
labor: human resources
capital :machinery
entrepreneurship: business

EunSu

2021-09-21 02:02:48 UTC

1)Land- Natural resources required in the production process such as oil, coal, and water
Capital- Manufactured resources required in the production process such as machinery, tools, and vehicles
Labour- Human resources required in the production process including skilled and unskilled labour
Enterprise- Skills a business person requires to combine

Starter: Write definition of "PED"

dalila_w — 2022-02-10 04:21:41 UTC

Differentiate between Price elastic and price inelastic.

Shivendra

2022-02-10 04:23:48 UTC

A good's price elasticity of demand is a measure of how sensitive the quantity demanded is to its price.

Joann

2022-02-10 04:28:26 UTC

What's price elasticity?
-measures the extent to which demand for a product changes caused by a change in its price.

What's the difference between price elastic and price inelastic?
Price elastic
occurs when demand for a product is responsive to changes in price(there's substitute)
Price inelastic
occurs when demand for a product is unresponsive to changes in price (lack of substitute)

Walk in activity: Write 3 economics question.

dalila_w — 2022-02-24 03:46:47 UTC

Starter: Thursday 24 feb 2022

dalila_w — 2022-02-24 03:47:26 UTC

Write formula of PES (2)
What is definition of PES (2)
Write 1 determinants of PES (1)

Shivendra

2022-02-24 04:20:58 UTC

1) %of supply change/%of price change
2) price elasticity of supply is a measure used in economics to show the responsiveness, or elasticity, of the quantity supplied of a good or service to a change in its price.
3) Number of producers

Amanvir

miss15010212 — 2022-02-24 04:21:16 UTC

1) percentage change of quantity supplied/percentage change in price

2)PES measures the degree of responsiveness of the quantity supplied of a good which is being followed by a change in the price for he good

3) the time period

Jung

2022-02-24 04:21:23 UTC

1)PES = % Change in QS / % Change in Price).

2)PES is a measure the responsiveness, or elasticity, of the quantity supplied of a good or service to a change in its price or cost

3)Number of producer

Amanvir

miss15010212 — 2022-02-24 04:23:41 UTC

What to produce
How to produce it
For whom to produce

Jung

2022-02-24 04:24:41 UTC

What to produce
How to produce
For whom to produce

Starter 3 March 2022: Define demand and why demand downward sloping.

dalila_w — 2022-03-03 03:15:55 UTC

Javier

miss19020011 — 2022-03-03 04:18:24 UTC

Starter 3/3/2022
Demand is the ability and the willingness of customers to buy a good or a service at a given price.
The reason the demand curve is downward slopping is due to the law of demand stating that the price is inversely proportional with the demand, meaning that when the price increases, the demand decrease, etc.

Lee Jia Tao

miss19020005 — 2022-03-03 04:21:05 UTC

Demand is the willingness and ability of a person to buy a certain product. Demand is always downward sloping because the price of the product are inversely proportional to the quantity demanded on the product. When the price is higher, the quantity demanded of the product would be lower.

Sharwen

2022-03-03 04:21:38 UTC

Jung

2022-03-03 04:22:43 UTC

Define demand: Demand is ability and willingness consumer to buy goods or services given prices
demand down sloping because when the price of commodity increases, its demand decreases

Starter: 22032022

dalila_w — 2022-03-22 01:19:04 UTC

Do you think market system is efficient? Explain your reason.

Javier

miss19020011 — 2022-03-22 01:51:37 UTC

Starter 22/03/2022
I think the market system is efficient for buyers and sellers to get what they want because sellers will produce products that are highly demanded and buyers will be able to have many choices of products to choose from due to competition between sellers

Yu Le

2022-03-22 01:53:06 UTC

Yes, I think market system is efficient. This is because it is not under the control of government so people got freedom of choices to purchase the goods and services they wanted. Market system also create incentives for firms and workers as the main motive is profit so they work hard to earn unlimited wealth.

Michael

2022-03-22 01:53:52 UTC

Yes market system is efficient because when a firm make profit it motivates the worker to work more and to earn more profit thus improving the economic growth. Also, they will mainly focus on what the customer and want to improve their product to satisfy customer desire.

joann

2022-03-22 01:54:27 UTC

yes market system is efficient as quality of product are secured.Consumer tend to get higher quality of product that deserve the price as competition between firms help to create incentives for them as all of them wish to attract more attention from the customer to gain higher sales revenue therefore earning profit.Besides , consumer have opportunity to pursue their own career too which can motivate them to work hard which can ensue the efficiency of single firm.However, social hardship could occur as most of the firms are not willing to provide national defence and street lights as the aim of firm in private sector is to earn profit, providing national defence and street lights could not benefit them

Jun an

2022-03-22 01:54:39 UTC

Yes, Because it doesn't really help anyone in anyway in the market because many people has different demands and mostly supplies are limited in the market so that the customers can be efficient what they wish to buy by their wealth or well being desire

Amanvir

miss15010212 — 2022-03-22 01:55:04 UTC

I think that the market system is efficient because there is no government disturbance . When the sellers are able to set the prices for their good,they will most likely set it to a price of their liking that will benefit them so this will make sellers work harder to produce goods for customers. Without any government disturbance people are also allowed to purchase anything they want that will benefit the people of the economy

Zhi Siang

miss20010029 — 2022-03-22 01:55:17 UTC

I think the market system is efficient in the use and allocation of resources. People also have the freedom to choose since there are many choices.

Jung

2022-03-22 01:55:27 UTC

I think market system is efficient because in a market economy, with little government intervention, private ownership can make all business decisions based on market factors. As a result, this economy makes economic activity efficient, productivity, and innovation.

Shivendra

2022-03-22 01:59:01 UTC

Yes it's efficient because there's little government control in the economy. Since it's a free market multiple firms can produce similar products giving consumers more options.

Lee Jia Tao

miss19020005 — 2022-03-22 02:04:22 UTC

Yes, market system is efficient because in a market economy system, consumers have the freedom to choose whatever products they want as there is no government intervention. The firms would also pay attention on customer's demands and produce them out to increase the competitiveness in the market, this make the market more efficient

Starter: 290322

dalila_w — 2022-03-29 01:49:43 UTC

What is mixed economies? (4 marks)

Yu Le

2022-03-29 01:51:22 UTC

Mixed economic is the combination of planned economic and market economic. It is controlled by both public sectors and private sectors

joann

2022-03-29 01:51:25 UTC

mixed economy system
combination of planned economy and market economy which some of the resources are owned and controlled by government in public sector while the other resources are owned and controlled by firms and individuals in private sector

Amanvir

miss15010212 — 2022-03-29 01:52:29 UTC

a mixed economy is a combination of a market economy and a planned economy. some of the resources are owned and controlled by individuals and firms while some resources are owned by the government. Examples are Japan and Spain

Shivendra Ananthan

2022-03-29 01:52:31 UTC

A mixed economy is an economy that has government controlled markets and private markets. which has aspects from both a planned and market economy

Zhi Siang

miss20010029 — 2022-03-29 01:52:32 UTC

A mixed economy is an economic system that incorporates aspects of more than one economic system. This usually means an economy that contains both private sectors and public sectors, it is also a combination of market economy and planned economy.

Michael Lee

2022-03-29 01:53:20 UTC

this economic system is a combination of planned and market economic system with some resources being owned and controlled by the government and some other by private individual.

Lee Jia Tao

miss19020005 — 2022-03-29 01:53:31 UTC

What is mixed economies?
Mixed economies is the combination of planned economy and market economy where the resources are owned and controlled by both public and private sector

Jun an

2022-03-29 01:53:33 UTC

Mixed Economic System is a combination of both the planned and the market ecnomy.The degree of public and private sector involvement in economic activity id determined by the goverment

Jung

2022-03-29 01:54:21 UTC

Mixed economic is the combine of planned economic and market economic and controlled by public sectors and private sectors

Javier

miss19020011 — 2022-03-29 01:54:25 UTC

A mixed economy is a mix of a market economy and a planned economy, which means there are free markets that rely on the forces of demand and supply which are owned by private sectors, as well as markets owned by public sectors such as the government.

Starter : 310322

dalila_w — 2022-03-31 04:23:26 UTC

What are differences between price ceiling and price floor?

Shivendra

2022-03-31 04:27:27 UTC

A price ceiling is the legal amount a producer can charge for their goods and/or services. Whereas a price floor is the minimum amount consumers must pay for a good and/or service.

Lee Jia Tao

2022-03-31 04:27:31 UTC

Price ceiling is when government set a maximum price on some necessity goods, this causes shortage in the market; Price floor is when government set a minimum wages for certain occupation, this causes excess in supply.

Amanvir

miss15010212 — 2022-03-31 04:27:35 UTC

Price ceiling occurs when the government sets a price below the market equilibrium price so that it encourages consumption of the good or service. Examples include : (train tickets) so people are able to buy them to visit their family during the holidays.

Price floor occurs when the government sets a price above the market equilibrium price to help encourage the output for the good or service.examples include : minimum wages for occupations

Yu Le

2022-03-31 04:27:39 UTC

Price ceiling is the maximum price, which means the reduce the maximum price of goods and services that can be sold. Price floor is the minimum price, which means the increase in the price of workers

Michael

2022-03-31 04:28:00 UTC

Price ceiling is known as maximum price. Maximum price is when we reduce the price of a product to make it more affordable but it can lead to lesser supply thus making a shortage.

However, price floor is known as minimum price where the prince can increase to help the workers.

.

joann

miss22020013 — 2022-03-31 04:28:16 UTC

price ceiling is maximum price that is set by government which is below market equilibrium price to encourage consumption.There would be more demand as most of the people are willing to spend at a lower price which is likely to cause shortage as lesser firms willing to supply at a lower price .

price floor is minimum price that is set by government which is above market equilibrium price to encourage more supply such as agricultural product which is price inelastic of supply , as most of the firms might not willing to supply which government have to increase the price to attract more suppliers

Javier

miss19020011 — 2022-03-31 04:31:09 UTC

Price ceiling is the maximum price of a good or a service that is given by the government
which is usually below the market equilibrium. Usually to attract more buyers but causes a shortage.
Price floor is the minimum price of a good or service that is given by the government which is usually above the market equilibrium. Usually to attract more suppliers but causes a surplus.

Zhi Siang

miss20010029 — 2022-03-31 04:31:29 UTC

Price ceilings are the maximum price set by government and it is below the equilibrium price, it can lead to shortage and would not benefit the consumers.

Price floor is the minimum price set by government and it is above the equilibrium price, it can lead to surplus.

Jun an

2022-03-31 04:32:07 UTC

A maximum price occurs when the government sets a price below the market equilibrium price, Like when people are demanding for the price of patrol to be lower
A minimum price occurs when the government sets a price above the market equilibrium, when the sales of fruits increase in the country

Starter: 1st April 2022

dalila_w — 2022-04-01 04:50:02 UTC

Starter: List 3 examples of social cost

Yu Le

2022-04-01 05:22:32 UTC

Buying phone:
- need money
- not good to eyes
- cause addiction
- radiation
Buying car:
- pay for petrol
- pay for congestion charge
- air and noise pollution
Smoking:
- lungs cancer
- addiction

Michael

2022-04-01 05:23:42 UTC

1.) Air pollution created by the factories and it harms people because of the toxicity of gas.
2.) Smoking cigarette harms the people that are using it but the people passing by are also breathing in the smoke you smoked out.
3.) Alcohol make you drunk and when u drive while you are drunk u get into accident and you are causing problems for the doctors to cure your injuries when they can cure for other patient example cancer.

Shivendra

2022-04-01 05:24:07 UTC

Smoking
Pollution
Health costs
Littering

Cars
Petrol
Maintenance costs
Pollution

Alcohol
Addictive
littering
Health costs

Amanvir

miss15010212 — 2022-04-01 05:24:25 UTC

1) Smoking - lead to air pollution and unhealthy lifestyle

2) Littering - pollution to the atmosphere,water and the land

3) Driving car - causing noise pollution and air pollution .

Javier

miss19020011 — 2022-04-01 05:24:34 UTC

Smoking
- air pollution
- bad for your health
Buying car
- air pollution, produce greenhouse gases
- petrol costs
Alcohol
-

Lee Jia Tao

2022-04-01 05:24:36 UTC

1)smoking is bad for health and cause air pollution
2)phone cause addiction and might cause accident when playing phone and drive at the same time
3)drug cause addiction and increase crime rate

Zhi Siang

miss20010029 — 2022-04-01 05:24:42 UTC

Drive to work : Costs of paying for petrol

Smoking: Air pollution and risks

Buliding airports: Cost of constructing an airport.

Jun an

2022-04-01 05:24:43 UTC

Smoking:
-Bad for your life
- Can reduce your life span
-Damage the organs in the body

Drugs:
- Can go crazy
- Get addicted

joann

miss22020013 — 2022-04-01 05:24:59 UTC

list 3 examples of social cost
-taking alcohol when driving could be harmful to person who drank and also traffic congestion as when accident occur.

-smoking is not only cost the people who buying cigarettes meanwhile also bring negative side effect to other around them as the air is polluted which could be harmful
-absence of vaccination
without getting vaccinated , the possibility of getting disease tend to be higher which could be a health problem , firm's efficiency could be affected due to higher absenteeism.

Jung

2022-04-01 05:25:15 UTC

Example of social cost

1:Smoking
(Health costs to society)
2:Alcohol
(Health cost)
3:Greenhouse gases
(Petrol cost)

Starter: Yr10 Economics 20/9/2022

dalila_w — 2022-09-20 00:49:14 UTC

Please write your name and answer the question.
1) Differentiate geographical mobility and occupational mobility (4marks)
2) Identify and explain 3 causes and changes for increase in quality and quantity of factor of production (6 marks)

Juztin

2022-09-20 03:07:06 UTC

1) Geographical mobility refers to the willingness and ability of a person to relocate from an area to another for employment purposes. Occupational mobility refers to the ease of moving from one job to another wether because of the salary or other reasons.

2)
a. changes in the costs of factors of production, higher labour costs caused by an increase in the national minimum wage would tend to reduce the demand for labour.

b. government policies, through the use of taxes and subsidies.

c. New technologies, higher productivity enables firms to cut their average production cost.

SHERYL

2022-09-20 03:14:57 UTC

1) geographical mobility - this is when individuals move to certain locations for certain jobs even when it’s far away (eg someone from Malaysia goes to the UK for a job with better pay)

Occupational mobility - this is when you stay in an area and search for new jobs (eg someone from Malaysia finds a job around them)

2)

changes in the costs of factors of production (eg higher labour costs caused by an increase in the national minimum wage would tend to reduce the demand for labour)
Improvements in education and healthcare will improve the quality of labour as workers become more valuable to firms. This helps to boost production
New technologies allow firms to produce more output. Higher productivity also enables firms to cut their average costs of production

Clement

2022-09-20 03:17:42 UTC

1) Geographic mobility is the willingness and ability of a person to travel to another area for occupational reasons. An example is going to another place for a better job or you are unable too because you want to stay with your family. Occupational mobility is when person is able to change between different jobs easily. An example is a science teacher can either teach or can be scientist, some people are not able to change jobs easily because of skill and training.

2) New technology can increase the quantity in output because machines can produce faster and
Can also increase the quality of products. Net migration increase the quantity of labour because there is more people. Weather can effect the production of things like agriculture because good weather will improve the environment for farming which can increase output and the quality of products.

Dylan (Kong Kam Ki)

2022-09-20 03:18:42 UTC

1) Occupational mobility refers to the extent which labours are able to and willing to change jobs like from a office worker to a barber, while geographical mobility refers to the extent which a labour or enterprise is able to move to other locations for different purposes and uses like lorry that was used to transport products and it can be used to transport people as well

2) Equipment- with bad equipment the productivity is low and quality is bad compared to good equipment that is able to produce large quantity with high quality

Changes in costs- when the costs of resources increases the company will have to buy and use low quality resources

Government- increasing the taxes

Jayprasaadh Nair

2022-09-20 03:19:20 UTC

Q1)Geographical mobility
Is the extent to which labour is willing and able to move to different locations for job purposes whereasOccupational mobility Is the extent to which labour is willing to move for their jobs

Q2)
-Advances in healthcare can influence the quality and quantity of production by making sure that there’s job security when it comes to health insurance.This ensures that workers are not sick and can come to work everyday
- Advances in,technology can influence the quality and quantity of production by making the production process a lot more efficient.the production of items can be done in a shorter amount of time while improving the quality of an item.Thus this increases the amount of output and increases sales
-Advances in government policies can influence the quality and quantity of production by supporting smaller companies by allowing them to pay less taxes until they reach.a certain sales quota.this allows the companies to focus on developing their products.

Nethrah

2022-09-20 03:20:47 UTC

1.Geographical mobility means how far a labourer or resources is willing or can move to different locations for working purpose or for family.
Occupational mobility means how far can a labourer change from an occupation to another depending on how skilled or trained they are.
2. Improvement in education- this increases the quality and quantity by having more educated people so there will be more people who have important jobs like doctors, it increases the quality by having more people who knows what they are doing like doctors who prescribe medicine to patients.
Taxes-lower taxes can boost an increase in the quantity of labour production.
New technologies- this can improve the quantity by making the products produced in a machine so they would be produced more faster.

Jen Shen

2022-09-20 03:20:50 UTC

1) Occupational  mobility is whether a labour is able to move between jobs,such as a math teacher change to a ICT teacher. Geographical mobility is whether a labour is able to move to different location for employment purposes such as a teacher move from Malaysia to Singapore.

2) Technology - the more advanced technology there is, the more goods or service is able to be produced
Skilled labour - the more skilled worker in a company, the better production
Improvement in education - if there is better education system in a country, there will be more skilled workers

Parvin

2022-09-20 03:21:47 UTC

1. Occupational mobility is when labour are able to move between jobs (example: wanting to stay nearer to your family). Geographical mobility is when labour is willing and is able to different places for work reasons for example like a person leaving his current job to work in another profession.

2. Use more machines in factories. In order to to increase the pace of production. Which means its faster production in lesser time.

Government should increase taxes in order for the country to get more money in order to help the people in need.

Changes in cost so that when the cost of resource reduce and the company sells them for a higher price, the percentage for profit will increase more.

Starter: Demand Topic

dalila_w — 2022-11-11 14:46:55 UTC

1) Using the video provided, write definition of demand that you understand using your own words in 2 minutes.

Hi Year 10, Welcome to Ms Dalila Economics Padlet Online Class. Feel free to add your box here. What have you learn in today's lesson? #Day1 #BasicEconomicsProblem.

dalila_w — 2023-08-21 11:52:03 UTC

Chap 1: Watch this videos and answer the following questions.

dalila_w — 2023-08-21 12:03:05 UTC

1) Using examples, differentiate between needs and wants (6 marks)
2) List and explain four factors of production. (8 marks)
2)

Sindhuja 10M

dalila_w — 2023-08-22 06:23:47 UTC

Needs ...example

Pravan 10A

2023-08-22 06:28:40 UTC

Yesterday I had learned about the 4 factors of production; land, labor, capital and enterprise. I had also learned about the nature of the economic problem which refers to: individual consumer, individual worker, firm and government.

vissnupriya

2023-08-22 06:29:41 UTC

Goods are what people desire that is not essential for survival. Wants are what people essentially need for survival

Terence Y10A

2023-08-22 06:29:44 UTC

Yesterday I have learned about the 4 factors of production: land, capital, labour, and enterprise. Land is a natural resources, capital is thr man-made resources, labour is the human skills and effort, and enterprise is business know-how.

Lucas

2023-08-22 06:31:19 UTC

Yesterday, I had learned about unlimited want but limited product in economics

Zhi Ying

2023-08-22 06:31:29 UTC

Factor of Production
- Land
-capital
-labour
-enterprise

Economic Agent consists
- Individual (households)
-Firm
-Government

Jayna

2023-08-22 06:32:07 UTC

Economic goods are those which are limited in supply while free goods are those which are unlimited in supply.

Sindhuja

2023-08-22 06:32:15 UTC

Factors of production:
Natural resources = land
Man-made resources = capital
Human skills and effort = labour
Business know-how = enterprise

Who are decision makers?
1. Individuals (households)
2. Firms
3. Government

Three basic economic questions:
1. What to produce?
2. How to produce?
3. From whom to produce?

Holiday

2023-08-22 06:32:53 UTC

Economic goods: limited in supply
Free goods: unlimited in supply

Yi Jian

2023-08-22 06:33:04 UTC

Yesterday i had learned the basic economic problem and i also learned how to explain the 4 factors production and i had learned what does goods and services means in economic and my teacher told us the three questions that will come out in IGCSE

Lin

2023-08-22 06:33:12 UTC

I learnt that the factors of production are land, capital, labour and enterprise. land which are natural resources, capital is the man made resources, labour which are human skills and efforts, enterprise are the business know hows

Yu Hern

2023-08-22 06:33:17 UTC

Factors of Production:land,capital,labour and enterprise
Differences between Economic Goods and Free Goods
Consumption and Production

ANN

2023-08-22 06:33:24 UTC

1.Basic economis problems, factors of production, economic goods and free goods

Alvin

2023-08-22 06:33:45 UTC

Yesterday I’ve learn about the factor of production, differences about goods and wants and also the 3 basic economic problem which is
How to make?
For whom?
What to make?

Jia Zheng

2023-08-22 06:35:36 UTC

I learn about basic economy problem how best to allocate scare resources in order to order satisty people's unlimited needs and wants.

Economics Chapter 1

dalila_w — 2023-09-25 05:26:31 UTC

http://fdslive.oup.com/www.oup.com/oxed/international/online-content/complete-economics-cambridge-igcse/1_The_basic_economic_problem/index.html?region=international

Economics Chapter 2 Revision

dalila_w — 2023-12-04 03:56:26 UTC

Worldwall

dalila_w — 2023-12-04 03:57:48 UTC

Wizer: Opportunity Cost

dalila_w — 2023-12-04 04:00:42 UTC

Activities for today:

dalila_w — 2023-12-04 04:02:22 UTC

1) Choose and complete any 2 live activities worksheet.

2) Feedback: Write 1 paragraph why do you like to study Economics and click save/publish (less than 200 words).

Lin

2023-12-04 05:36:23 UTC

I like economics because it is interesting and fun to learn. There are many fun graphs to learn! I also like economics because ms dalila is the teacher. She explains well and makes it a fun subject to learn, yay

Business Studies Year 10 22/5/2026

dalila_w — 2026-05-21 02:55:26 UTC

Starter: Why marketing mix is important to business?

2026-05-22 02:04:57 UTC

Helps meet customer needs
Businesses can design products and services that customers actually want. This increases customer satisfaction and loyalty.
Improves sales and profit
By choosing the right price, promotion methods, and selling locations, businesses can attract more customers and increase revenue.

2026-05-22 02:05:22 UTC

Helps the business satisfy customer needs by offering the right product with suitable features and quality.
Helps attract customers through suitable pricing and promotion, such as discounts and advertisements.
Increases sales and profit while also helping to build a strong brand image.

Liuxiaoyu

2026-05-22 02:05:25 UTC

Market mix is important because it helps businesses effectively target their products to the desired market, meet customer needs, enhance competitiveness, and maximize profits.

Li.zihao

2026-05-22 02:06:54 UTC

The marketing mix guides marketing work, meets customer needs, builds competitiveness, optimizes resources and increases profits.