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Exam (elaborations)

ECS1501 ASSESSMENT 10 SEMESTER 2 2024 (+A SOLUTION)

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ECS1501 ASSESSMENT 10 SEMESTER 2 2024

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  • October 20, 2024
  • 315
  • 2024/2025
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NG Y L E NC
OU TO THE GATE OF EXC EL




Education is the most powerful weapon which you can use to change the world

,EXCELGATE INSTITUTE 0846244729 iexcelgate@gmail.com


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Education is the most powerful weapon which you can use to change the world

, ECS1501-24-Y  Assessments  Assessment 10

QUIZ




Time left 0:07:51

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

, Question 2

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Look at the table for blistering blue bottles.


Blistering blue bottles Total cost

0 2

1 7

2 11

3 13

4 16

5 21

6 28

7 38


If the price is R10 per bottle


the industry is in long-run equilibrium.
the industry has minimized average total cost.
firms will exit the industry.
firms will enter the industry.
Clear my choice

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