Exam (elaborations)

ECS1501 ASSIGNMENT 2 2024 SEARCHABLE Suppose you have graduated with a degree in accounting and are offered a job with an accounting firm. But you are also considering joining an R&B band and abandoning your promising career inN accounting. The opportuni

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Course
Economics IA - ECS1501 (ECS1501)

Institution
University Of South Africa (Unisa)

ECS1501 ASSIGNMENT 2 2024 SEARCHABLE Suppose you have graduated with a degree in accounting and are offered a job with an accounting firm. But you are also considering joining an R&B band and abandoning your promising career inN accounting. The opportunity cost of aiming at stardom would include...

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Uploaded on May 13, 2024
Number of pages 16
Written in 2023/2024
Type Exam (elaborations)
Contains Questions & answers

ecs1501 assignment 2 2024 searchable

Institution
University of South Africa (Unisa)
Course
Economics IA - ECS1501 (ECS1501)

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,5/13/24, 8:31 AM Assessment 2 (page 1 of 11)

UNISA  2024  ECS1501-24-Y  Assessments  Assessment 2

QUIZ

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Question 1
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I confirm

that this assessment will be my own individual work;

that I will not communicate with anyone else in any way during the completion of this assessment;

that I will not cheat in any way in completing and submitting this assessment.

I confirm.

I do not confirm.

Clear my choice

https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19102441&cmid=869193 1/1

, 5/13/24, 8:31 AM Assessment 2 (page 2 of 11)

UNISA  2024  ECS1501-24-Y  Assessments  Assessment 2

QUIZ

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Suppose you have graduated with a degree in accounting and are offered a job with an accounting firm. But you are also
considering joining an R&B band and abandoning your promising career in accounting. The opportunity cost of aiming at
stardom would include all of the following except

the lucrative salary you could be making as an accountant.

interest on the loan you take out to purchase a million-watt amplifier.

the cost of acquiring a whole new wardrobe made entirely of leather.

the thousands of rands spent on useless tuition payments.

Clear my choice

Question 3
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In economics, capital refers to

the finances necessary for firms to set up production facilities.

buildings and machines used in the production process.

the finances necessary for firms to produce their products.

the money households use to purchase firms' output.

Clear my choice

https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=19102441&cmid=869193&page=1 1/1

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Exam (elaborations)

ECS1501 ASSIGNMENT 2 2024 SEARCHABLE Suppose you have graduated with a degree in accounting and are offered a job with an accounting firm. But you are also considering joining an R&B band and abandoning your promising career inN accounting. The opportuni

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