Demand curve - Study guides, Class notes & Summaries
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ECS3702 Assignment 2 (QUALITY ANSWERS) Semester 2 2024
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This document contains workings, explanations and solutions to the ECS3702 Assignment 2 (QUALITY ANSWERS) Semester 2 2024. For assistance whats-app us on 0.6.8..8.1.2..0.9.3.4... Question 1A 
Use the hypothetical information in the table below to answer the questions that follow: 
Output/hr 
Unos 
Tres 
Cellphones (ton/hr) 
18 
6 
Candles (ton/hr) 
6 
8 
(i) 
Identify the product of absolute advantage and disadvantage for both Unos and Tres. Explain your answer. [4 marks] 
(ii) From your answer ...
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Test Bank for Principles of Economics Arab World, 4th Edition by Gregory Mankiw
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Test Bank for Principles of Economics Arab World, 4th Edition by Gregory Mankiw, Mohamed H. Rashwan 
 
Full Chapters test bank included 
 
Part 1: Introduction 
Chapter 1: Ten Principles of Economics 
How People Make Decisions 
How People Interact 
How the Economy Works as a Whole 
Conclusion 
Chapter 2: Thinking Like an Economist 
The Economist as Scientist 
The Economist as Policy Adviser 
Why Economists Disagree 
Let's Get Going 
Appendix: Graphing: A Brief Review 
Chapter 3: Interdependence...
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Test Bank for Macroeconomics for Today, 11th Edition by Irvin B. Tucker
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Test Bank for Macroeconomics for Today 11e 11th Edition by Irvin B. Tucker. Full Chapters test bank are included with answers (Chapter 1 to 20 - Complete) 
 
Part I: INTRODUCTION TO ECONOMICS. 
1. Introducing the Economic Way of Thinking. 
Appendix: Applying Graphs to Economics. 
2. Production Possibilities, Opportunity Cost, and Economic Growth. 
PART II: MICROECONOMICS FUNDAMENTALS. 
3. Market Demand and Supply 
Appendix: Consumer Surplus, Producer Surplus, and Market Efficiency 
4. Markets in...
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Test Bank for Principles of Macroeconomics, 2nd Edition by Betsey Stevenson
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Test Bank for Principles of Macroeconomics 2e 2nd Edition by Betsey Stevenson; Justin Wolfers. Full Chapters test bank are included - Chapter 1 to 23 
 
Part I Foundations of Economics 
Chapter 1 The Four Core Principles of Economics 
Chapter 2 Demand and Consumer Choice 
Chapter 3 Supply and Producer Choice 
Chapter 4 Equilibrium: Where Supply Meets Demand 
 
Part II Analyzing Markets 
Chapter 5 Welfare Economics: Evaluating Market Efficiency and Market Failure 
Chapter 6 Comparative Advantage ...
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FIN2601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (696209) - DUE 29 April 2024
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FIN2601 Assignment 2 Semester 1 2024 (696209) - DUE 29 April 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
Question 1 Not yet answered Marked out of 1.00 ' Flag question Le Panier French Bakery, a cupcake business, has recorded the following returns over the last four years: Year Return 2020 —3,5% 2021 —5,0% 2022 65% 2023 13,7% What is the average return on the company's shares? 0 1. 17,6% ...
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FIN2601 Assignment 2 (ANSWERS + WORKINGS) Semester 1 2024 - DISTINCTION GUARANTEED
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FIN2601 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references .. Question 1 Not yet answered 
Marked out of 1.00 
' Flag question 
Le Panier French Bakery, a cupcake business, has recorded the following returns over the last four years: 
Year Return 2020 —3,5% 2021 —5,0% 2022 65% 2023 13,7% 
What is the average return on the company's shares? 
0 1. 17,6% 0 2. 18,8% 0 3....
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ECS3710 ASSIGNMENT 2 SEMESTER 2 2024 Watch video 2.2 in Lesson 2 and discuss the main issues about supplier-induced demand in South Africa. (10) Question 2: You are the manager of a private hospital that is part of an oligopoly in a local healthcare mar
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ECS3710 ASSIGNMENT 2 SEMESTER 2 2024 
 
Watch video 2.2 in Lesson 2 and discuss the main issues about supplier-induced demand in South Africa. (10) 
 
Question 2: You are the manager of a private hospital that is part of an oligopoly in a local healthcare market. Using the kinked demand curve, demonstrate how you might respond to a competitor’s decision to lower prices. What strategies would you use to maintain your market share? (10)
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ECS1501 ASSIGNMENT 5 SEMESTER 2 2023.
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ECS1501 ASSIGNMENT 5 SEMESTER 2 2023.100% CORRECT questions, answers, workings and explanations.Suppose we observe that the equilibrium quantity of a particular good has increased significantly over the past 5 years, with virtually no change in the equilibrium price. The most 
likely explanation is that, over the past 5 years, both supply and demand have increased. 
Note, that you will lose 50% of the mark for this question if you choose the incorrect option. 
If you are not sure about the answe...
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ECS2601 ASSESSMENT 3 SEMESTER 2 2024 BMZ Consider the following demand and supply functions: Demand: Qd = 440 - 40P, Supply: Qs = -120 + 40P. What is the equilibrium price and output? a. P = R3.33 and Q = 500. b. P = R7 and Q = 160. c. P = R4 and Q
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ECS2601 ASSESSMENT 3 SEMESTER 2 2024 BMZ 
 
 
Consider the following demand and supply functions: 
 Demand: Qd = 440 - 40P, Supply: Qs = -120 + 40P. What is the equilibrium price and output? 
 a. P = R3.33 and Q = 500. 
 b. P = R7 and Q = 160. 
 c. P = R4 and Q = 280. 
 d. P = R3 and Q = 560. 
 
The market supply curve is the vertical summation of all the individual supply curves. 
 Select one: 
 True 
 False
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ECS3703 EXAM October November 2024
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ECS3703 October November 2024 Examinations 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . 
QUESTION 1 [20 Marks] 
With the aid of a diagram, explain how a nation can correct a country’s deficit using devaluation or depreciation. 
QUESTION 2 [25 Marks] 
Assume that South Africa is involved in trade with the United States of America (USA). With 
the aid of a diagram explain what would happen to South Africa’s foreign ...
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