Should You Always Reach a Definite Conclusion at the End

question 5

Multiple Choice

Should you always reach a definite conclusion at the end of your answer?

• A) Yes, it is important to reach a firm conclusion on all of the issues raised by the question.
• B) No, it is the discussion of the law in the body of the answer that is important.
• C) No, it is not always possible to reach a definite conclusion. It may be that the law is not definite on a particular point or that the question provides insufficient information for you to reach a definite conclusion.
• D) Yes, you will lose marks if you do not reach a definite conclusion, because this means that you have not understood the law.

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Definitions:

Ticket Price

The cost charged for admission to an event or access to a service.

Value Of Time

The economic worth assigned to time, reflecting what is foregone in engaging in a particular activity versus alternative uses.

Scarce Resources

Economic concept describing materials or services in limited availability relative to desired uses, necessitating allocation.

Efficient

In economic terms, relates to an allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.