# Economics Grade 12 Paper 2 NW June 2025 Memo > Grade 12 Economics Paper 2 memorandum from the NW June Exam 2025, 2 pages. Read online or get the free PDF download, question paper linked when available. - Page: https://www.hlayiso.com/library/grade-12-economics-2025-nw-june-exam-question-paper-paper-2/1163f1a2-c35f-4191-90b3-64a61ac338a3 - Updated: 2026-10-29 - Subject: Economics - Grade: Grade 12 - Document type: Memorandum - Year: 2025 - Exam period: NW June Exam - Paper: 2 - Curriculum: CAPS - Pages: 2 Breadcrumbs: [Home](https://www.hlayiso.com/) › [Library](https://www.hlayiso.com/library) › [Grade 12](https://www.hlayiso.com/library/grade-12) › [Economics](https://www.hlayiso.com/library/grade-12/economics) › [Economics Grade 12 Paper 2 NW June 2025 Memo](https://www.hlayiso.com/library/grade-12-economics-2025-nw-june-exam-question-paper-paper-2/1163f1a2-c35f-4191-90b3-64a61ac338a3) ## About this document Economics · Grade 12 · NW June Exam · 2025. Memorandum. Read online or download the PDF. Read it free online on the page above; download the PDF from there. ## Document text Text extracted from the PDF. Layout, diagrams and tables may not survive extraction. ### Page 1 Enquiries: M van Biljon B Molefe L Oosthuizen Cell: 084 550 2006 076 410 4681 066 471 1944 Email mvanbiljon@nwpg.gov.za Bmora@nwpg.gov.za LHOosthuizen@nwpg.gov.za 2025 JUNE EXAMINTIONS ERRATA SUBJECT ECONOMICS PAPER 2 DATE 24 JUNE 2025 TIME OF ERRATA 15:00 QUESTION 1 MARKS QUESTION 2 MARKS QUESTION 3 MARKS QUESTION 4 MARKS TOTAL MARKS AFFECTED None TOTAL MARKS FOR THE PAPER AFTER n/a ADJUSTMENT REPLACE THE ANSWERS AS INDICATED BELOW: SUB NUMBER MARKS CORRECTION QUESTION 1. 1.3.3 Accept market as another option 2 2.1.1 Accept any other correct relevant response 2.2.5  ∆TC ÷ ∆ output = (68-55) ÷ (3-2) = 13 ÷ 1 = 13 Each step should be awarded a mark 2.3.2 Add clothing industry and textile as other options 2.4 1 ### Page 2 - Award 1 mark for labelling on the axis, with the maximum of 4 marks for the graph.  Between 85 units and 100 units the firm makes economic profit.  3 3.2.1 Accept excise duty/excise tax as other options 3.2.2 Accept any other correct relevant response 3.3.1 Accept Marginal cost/MC/Supply curve 3.3.5  TR - TC = (R150 x 100) – (R200 x 100)  = R15 000 – R20 000 = - R5000 each step should be awarded a mark 4.2.3 The question is out of 2 marks, add another tick. TOTAL MARKS 2 ## Related documents - [NW 12 ECONOMICS P2 QP ENG JUNE 2025](https://www.hlayiso.com/library/grade-12-economics-2025-nw-june-exam-question-paper-paper-2-english/c80fc8cc-fc9d-44e9-a820-8736783a4556) — Economics · QP · 2025 · Eng - [ECONOMICS P2 GR12 QP JCT 2025 AFR D watermark](https://www.hlayiso.com/library/economics-p2-gr12-qp-jct-2025-afr-d-watermark/3dba3588-624d-493b-bc60-00d7e2783cae) — Economics · QP · 2025 · Afr - [Economics Grade 12 NSC P2 QP September 2025 Mpumalanga](https://www.hlayiso.com/library/economics-grade-12-nsc-p2-qp-september-2025-mpumalanga/efbb0e99-1236-496b-bc64-5b31b3784493) — Economics · QP · 2025 - [Economics P2 May-June 2025 Afr](https://www.hlayiso.com/library/economics-p2-may-june-2025-afr/4c93e067-5237-46b7-ab21-5c2cea219788) — Economics · QP · 2025 · Afr - [Gr 12 Economics P2 (Afrikaans) 2024 Possible Answers](https://www.hlayiso.com/library/gr-12-economics-p2-afrikaans-2024-possible-answers/d54cb2c3-c826-4990-8f30-6eaeb86b12e4) — Economics · Memo · 2024 · Afr - [ECONOMICS P2 MEMO GR12 JUNE 2023 Afrikaans](https://www.hlayiso.com/library/economics-p2-memo-gr12-june-2023-afrikaans/3493f088-0531-43e0-b777-da84a7b24ab5) — Economics · Memo · 2023 · Afr ## More from Grade 12 Economics - [Economics Grade 12 NSC P1 QP September 2025 Free State](https://www.hlayiso.com/library/economics-grade-12-nsc-p1-qp-september-2025-free-state/4def59dd-ebf4-4191-89e7-2b6d4609d6cc) — QP · 2025 - [Economics Grade 12 NSC P1 QP September 2025 Mpumalanga](https://www.hlayiso.com/library/economics-grade-12-nsc-p1-qp-september-2025-mpumalanga/5449d7a4-548e-416d-91b4-1da462710798) — QP · 2025 - [Economics P1 May-June 2025 Afr](https://www.hlayiso.com/library/economics-p1-may-june-2025-afr/e9c77643-7f83-42e3-b28d-cf84e96050ca) — QP · 2025 · Afr - [ECONOMICS QP.P1 GR 12 JUNE 2024 (Backup papers)](https://www.hlayiso.com/library/economics-qp-p1-gr-12-june-2024-backup-papers/cb8af277-aab9-4fba-8e76-5924dcaf1941) — QP · 2024 - [ECONOMICS P1 GR12 QP JUNE 2024 Afrikaans](https://www.hlayiso.com/library/economics-p1-gr12-qp-june-2024-afrikaans/c346a16c-1f30-4d4f-bcd0-fc46002d1c9d) — QP · 2024 · Afr - [ECONOMICS P1 GR12 QP SEPT2024 Afrikaans](https://www.hlayiso.com/library/economics-p1-gr12-qp-sept2024-afrikaans/8c1cb29b-6587-4828-ae16-d72e2952b976) — QP · 2024 · Afr ## Collection - [Grade 12 past papers](https://www.hlayiso.com/grade-12/past-papers) --- Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. When citing, link the page URL above, not a PDF or /api/ URL.