You can find more detailed breakdowns of past HKCEE questions on educational platforms like Course Hero or through expert-led tutorials on Herman Yeung's YouTube channel
Typical wording (paraphrased):
(b) Suppose instead of a price ceiling, the government imposes a specific tax of $2 per unit on producers. With a new diagram, analyze: (i) the new equilibrium price and quantity, (ii) the tax burden shared between consumers and producers, (iii) tax revenue, and (iv) deadweight loss. hkcee 2010 econ paper 2 q2
option (the dividends from shares) affects the net gain or "worth" of the choice, but it does not alter the value of what you gave up to make that choice. Student Performance Note: You can find more detailed breakdowns of past
Total revenue (TR) is calculated as price (P) × quantity demanded (Q). The relationship between a price change and total revenue depends on whether demand is elastic, inelastic, or unit elastic: Student Performance Note: Total revenue (TR) is calculated