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,8/6/24, 1:46 PM Assessment 6 (page 1 of 4)
ECS1501-24-Y Assessments Assessment 6
QUIZ
Question 1
Answer saved
Not graded
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=20623014&cmid=869197 1/1
, 8/7/24, 6:17 PM Assessment 6 (page 2 of 4)
ECS1501-24-Y Assessments Assessment 6
QUIZ
Question 2
Answer saved
Marked out of 1.00
What does the price elasticity of demand measure?
how sensitive the quantity demanded of a good is to changes in income
the slope of the demand curve
the responsiveness of the quantity demanded of a good to changes in the price of the good
how sensitive the price is to changes in the quantity demanded
Clear my choice
Question 3
Answer saved
Marked out of 1.00
What happens to the price elasticity of the demand for coal when the quantity of coal demanded is measured in kilograms
instead of tons?
The price elasticity will be less elastic.
The price elasticity will be neither more nor less elastic.
The price elasticity will be undefined.
The price elasticity will be more elastic.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=20670618&cmid=869197&page=1 1/2
