Exam (elaborations)
ECS1601-Assignment 3-Semester 2-2022
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ECS1601 Assignment 3 Questions & Expected Answers 2022
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9/14/22, 11:08 AM Assessment 3: Attempt reviewMENU
Dashboard / Courses / UNISA / 2022 / Semester 2 / ECS1601-22-S2 / Online assessments / Assessment 3
Started on Wednesday, 14 September 2022, 10:14 AM
State Finished
Completed on Wednesday, 14 September 2022, 11:06 AM
Time taken 52 mins 7 secs
Marks 21.00/25.00
Grade 84.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Within the mixed economy, _____________.
Select one:
a. households produce factors of production
b. firms generate income from the factor market
c. households and firms depend on each other to generate their income
d. both households and firms are directly involved in production
Refer to section 1.5 in the prescribed textbook.
Question 2
Correct
Mark 1.00 out of 1.00
Which of the following best describes natural resources?
Select one:
a. They are unlimited in supply.
b. They are remunerated by rent.
c. They consist of machines, buildings and tools.
d. They can be replaced.
Refer to section 1.4 in the prescribed textbook.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=5571619&cmid=213764 1/13
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