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ECS1501 Assignment 5 2024 (654552)

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ECS1501 Assignment 5 (COMPLETE ANSWERS) 2024 (654552) - DUE 22 July 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 (12 marks) Maximum word count: 100 words Giant, the world’s leading bra...

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  • July 18, 2024
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ECS1501
ASSIGNMENT 5 2024
UNIQUE NO. 654552
DUE DATE: 22 JULY 2024

, ECS1501
Assignment 5 2024


Unique number:654552
Due date: 22 July 2024


Economics IA



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(i) Presenter and Market Condition Description

Presenter Alex best describes the market condition that Giant Bicycles faces. Alex
highlights the impact of the post-pandemic demand shift, where the initial surge in
bicycle purchases has waned, leading to oversupply and reduced sales. I agree with
Alex because his explanation captures the cyclical nature of consumer behavior and
market dynamics, emphasizing how temporary spikes can lead to long-term
adjustments.




UNISA@2024

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