Ecs1500 assignment 6 - Study guides, Class notes & Summaries

Helping You Sum It Up!, 80/100% guaranteed

ECS1500 Assignment 1 Semester 2 2023 (ANSWERS) Question 1 Incorrect Mark 0.00 out of 2.00 Flag question Question text The service of an information technology specialist will form part of the production factor, capital. Select one: a. True b. False Feedback Your answer is incorrect. The service of an information technology specialist will form part of the production factor, labour. This entails the use of the abilities and talents of a person who will be paid a wage or salary...

ECS1500 ASSIGNMENT 6 2023

MCQ And ANSWERS

ECS1500 Assignment 5 Semester 2 2022. Scarcity applies to the poor only. 1. True 2. False 2. A decrease in the supply of apples is illustrated by an upward or a leftward shift of the entire supply curve. 1. True 2. False 3. The four factors of production are land, labour, entrepreneurship and capital goods. 1. True 2. False 4. If the supply of, as well as the demand for apples were to increase, there would be a decrease in the price of apples, but the direction of the change in the eq...

ECS1500 Assignment 5 Semester 2 2022. Scarcity applies to the poor only. 1. True 2. False 2. A decrease in the supply of apples is illustrated by an upward or a leftward shift of the entire supply curve. 1. True 2. False 3. The four factors of production are land, labour, entrepreneurship and capital goods. 1. True 2. False 4. If the supply of, as well as the demand for apples were to increase, there would be a decrease in the price of apples, but the direction of the change in the eq...

ECS1500 Assignment 5 Semester 2 2022. Scarcity applies to the poor only. 1. True 2. False 2. A decrease in the supply of apples is illustrated by an upward or a leftward shift of the entire supply curve. 1. True 2. False 3. The four factors of production are land, labour, entrepreneurship and capital goods. 1. True 2. False 4. If the supply of, as well as the demand for apples were to increase, there would be a decrease in the price of apples, but the direction of the change in the e...