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In part B, Question 4 ‘b’ ..in the question of mr=mc.
i have calculated the optimum quantity by assuming the marginal cost as 18 (only took the material and labour) rather than 21 (material, labour and variable over head), I have done it by mistake. but i have calculated the value of A & B correctly…..
in the Q4. ‘b’ total marks was 7. say 1 mark for the value of A, 1 marks for the value of B, 2 marks for the MR=MC, 2 marks for the demand equation and 1 mark for calculation of profitDo the examiner will give marks for the right calculation of A & B?
And is there any possibilities that the examiner will allow a little marks, say 1 or 2 for my wrong calculations of mr=mc and as a result calculated wrong optimum price at demand equation and as a result wrong profit… because all mistakes arose from the one mistake of 18 rather than 21.expecting your valuable reply
thank you sirACCA only penalise mistakes once so, if the rest of your calculations are correct based on your MC of $18, you will gain the marks for those calculations – ACCA call it ‘follow on marks’.
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