Ecs2601 assignment 4 Study guides, Study notes & Summaries
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ECS2601-Microeconomics ASSIGNMENT 2 SEMESTER 2 - 2022 .
- Exam (elaborations) • 9 pages • 2022
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- R55,66
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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 4 Semester 1 2024
- Exam (elaborations) • 7 pages • 2024
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- R161,40
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Ecs2601 Assignment 4 Semester 1 2024 
Microeconomics - A branch of economics that deals with the behaviour of individual economic units. 
 
Economic Model - The interacting relationship between two or more economic variables. 
 
3 Fundamental Questions of Economics - 1. What to Produce 
2. How Much to Produce 
3. For Whom to Produce 
 
Emergence of Price - The interaction between consumers and producers interacting on the market. 
 
The Market is in Equilibrium - The market is in Equilibrium wit...
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UNISA - Quick on Demand Assignment Solution 2024
- Exam (elaborations) • 11 pages • 2023
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- Free
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CLA1501 - Commercial Law IA	Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA	Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I)	Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures	Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1601 - Financial Accounting and Reporting	Assignment-1, Assignment-2, Assignment-3, Assignment-4 
MNB1501 - Busin...
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ECS2601 Assignment 2 Semester 1 2022
- Exam (elaborations) • 36 pages • 2022
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- R58,71
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ECS2601 Assignment 2 Semester 1 2022 100% TRUSTED workings, explanations and solutions. Whatsapp 4 for assistance.
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ECS2601 ASS 2 SEMESTER 2 2020
- Exam (elaborations) • 11 pages • 2021
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- R52,07
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ECS2601 ASS 2 SEMESTER 2 2020 
ECS2601 ASS 2 SEMESTER 2 2020 
ECS2601 ASSIGNMENT 2 
SECOND SEMESTER 2020 
2 
ECS2601 ASS 2 Second semester 2020 
1. If current output is less than the profit-maximizing output, then the next unit produced will… 
[1] Decrease profit. 
[2] Increase cost more than it increases revenue. 
[3] Increase revenue more than it increases cost. 
[4] Increase revenue without increasing cost. 
[5] Leave profit unchanged. 
Explanation-(3)This means that MR>MC therefore the ...
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FAC1502 - Financial Accounting Principles, Concept
- Exam (elaborations) • 11 pages • 2023
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- Free
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SEMESTER 1	 
Module (Please click on the module to see further information)	Pre-requisite/Co-requisite/Recommendation 
Group A. Compulsory 
CLA1501 - Commercial Law IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I) 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures 
Assignment-1, Assignment-2, ...
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AUE1601 - Legal Aspects in Accountancy
- Exam (elaborations) • 11 pages • 2023
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- Free
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SEMESTER 1	 
Module (Please click on the module to see further information)	Pre-requisite/Co-requisite/Recommendation 
Group A. Compulsory 
CLA1501 - Commercial Law IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I) 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures 
Assignment-1, Assignment-2, ...
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AUE1601 - Legal Aspects in Accountancy
- Other • 11 pages • 2023
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- Free
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SEMESTER 1	 
Module (Please click on the module to see further information)	Pre-requisite/Co-requisite/Recommendation 
Group A. Compulsory 
CLA1501 - Commercial Law IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1501 - Economics IA 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
ECS1601 - Economics IB (Macroeconomics I) 
Assignment-1, Assignment-2, Assignment-3, Assignment-4 
FAC1502 - Financial Accounting Principles, Concepts and Procedures 
Assignment-1, Assignment-2, ...
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ECS2601-2021 MAY/JUNE SOLUTIONS TO EXAM QUESTIONS ,,,Microeconomics II Only Study Guide for ECS2601 First and second semesters
- Other • 184 pages • 2021
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- R134,47
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Welcome to the module Microeconomics at second year level. 
The purpose of this module is to provide you with thinking tools when analyzing the 
relationship between consumption (the demand side) and production (the supply side) 
in the economy. Ultimately we want you as a student to understand how different kinds 
of markets form, how they function, how they change and how some even fall apart. 
Aims of the module 
The aims of this module are: 
¾to study the relationship between the con...
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