Economics ia ecs1501 - Study guides, Study notes & Summaries
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Economics IA(ECS1501 Exam pack 2023)
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Economics IA(ECS1501 Exam pack 2023) 
 
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Exam (elaborations)ECS1501 Assignment 5 (COMPLETE ANSWERS) 2024 - DUE 22 July 2024•	Course•	Economics IA (ECS1501)
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Exam (elaborations)ECS1501 Assignment 5 (COMPLETE ANSWERS) 2024 - DUE 22 July 2024•	Course•	Economics IA (ECS1501)
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ECS1501 ASSESSMENT 9 SEMESTER 2 2024 (A+ GUARANTEED)In a perfectly competitive market, a) each participant is too small to affect the market price. b) government intervention is needed to ensure that prices are fair for consumers. c) the price can be driv
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ECS1501 ASSESSMENT 9 SEMESTER 2 2024 
In a perfectly competitive market, 
a) each participant is too small to affect the market price. 
b) government intervention is needed to ensure that prices are fair for consumers. 
c) the price can be driven upward by suppliers holding back on goods and services. 
d) there can be few or many buyers and sellers
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ECS1501 ASSIGNMENT 5 2024 (i)	Which of the presenters best describes the market condition that Giant Bicycles faces and explain why you agree with him or her?
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ECS1501 ASSIGNMENT 5 2024 
(i)	Which of the presenters best describes the market condition that Giant Bicycles faces and explain why you agree with him or her? 
(ii)	Draw a diagram of the bicycle market that illustrates the market conditions discussed in the podcast.
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ECS1501 ASSESSMENT 10 SEMESTER 2 2024 (+A SOLUTION)
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ECS1501 ASSESSMENT 10 SEMESTER 2 2024
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ECS1501 ASSIGNMENT 5 SEMESTER 2 2024
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ECS1501 Assignment 5 Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........
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ECS1501 Assignment 2 (QUIZ) Semester 1 2023 (818680)
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ECS1501 Assignment 2 (QUIZ) Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . 
In March 2020, a factory used new technology to produce its output. Then in July 2020, a fire destroys half the factory. The new technology shifted the factory's PPC _____ and the fireshifted it _______. outward; inward inward; inward. inward; outward outward; outward Clear my choice One point on a PPC shows production levels at 50 tons of co...
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ECS1501 Exam pack 2024(Economics IA)
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ECS1501 Exam pack 2024(Economics IA)
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ECS1501 Assignment 5 (COMPLETE ANSWERS) 2024 (654552) - DUE 22 July 2024 Course Economics IA (ECS1501) Institution University Of South Africa (Unisa) Book Economics for South African Students
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ECS1501 Assignment 5 (COMPLETE ANSWERS) 2024 (654552) - DUE 22 July 2024 
Course 
Economics IA (ECS1501) 
Institution 
University Of South Africa (Unisa) 
Book 
Economics for South African Students
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ECS1501 ASSESSMENT 6 2024 What does the price elasticity of demand measure? a. how sensitive the quantity demanded of a good is to changes in income b. the slope of the demand curve c. the responsiveness of the quantity demanded of a good to changes in th
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ECS1501 ASSESSMENT 6 2024 
What does the price elasticity of demand measure? 
a. how sensitive the quantity demanded of a good is to changes in income 
b. the slope of the demand curve 
c. the responsiveness of the quantity demanded of a good to changes in the price of the good 
d. how sensitive the price is to changes in the quantity demanded
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ECS1501 ASSESMENT 8 2024 A consumer is in equilibrium when a. the marginal utilities per rand spent are equal for all goods purchased. b. his or her marginal utility is at a maximum. c. his or her weighted marginal utility is at a maximum. d. his or her
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ECS1501 ASSESMENT 8 2024 
A consumer is in equilibrium when 
a. the marginal utilities per rand spent are equal for all goods purchased. 
b. his or her marginal utility is at a maximum. 
c. his or her weighted marginal utility is at a maximum. 
d. his or her average utility is at a maximum
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