ECS2601 Microeconomics (ecs2601)
University of South Africa
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ECS2601-Microeconomics ASSIGNMENT 2 SEMESTER 2 - 2022 .
- Exam (elaborations) • 9 pages • 2022
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ECS2601-Microeconomics ASSIGNMENT 2 SEMESTER 2 - 2022 . 1. That the firm is perfectly competitive is evident from its … 
1. constant marginal revenue. 
2. increasing marginal cost. 
3. increasing total cost. 
4. zero economic profit. 
2. The maximum profit available to the firm is … 
1. R20 
2. R30 
3. R35 
4. R155 
This study source was downloaded by from CourseH on 10-04-2022 06:46:08 GMT -05:00 

3. The average cost for the firm in the table above ... 
1. cannot be determined from the in...
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ECS2601 Assignment 2 Semester 2 2022
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ECS2601 Assignment 2 Semester 2 2022
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ECS2601 Assignment 1 (QUIZ) Semester 1 2023
- Exam (elaborations) • 6 pages • 2022
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ECS2601 Assignment 1 (QUIZ) Semester 1 2023
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ECS2601 MEMO (OCTO/NOV 2019-MAY/JUNE 2015 ) SUITS MAY/JUNE ONLINE EXAMS 2020
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ECS2601 MEMO (OCTO/NOV 
2019-MAY/JUNE 2015 ) SUITS 
MAY/JUNE ONLINE EXAMS 2020 
Downloaded by: yushavias | 
Distribution of this document is illegal 
S - The study-notes marketplace 
Oct/Nov 2019 Suggested Solutions: ECS2601 
SECTION A [60 MARKS] 
QUESTION 1 
1.1 Demand Equation: 
Family Member Demand 
Michael
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