Elasticity of demand - Study guides, Study notes & Summaries
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ECS2604 Assignment 4 Semester 2 - DUE 8 November 2024
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ECS2604 Assessment 4 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 - DUE 8 November 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)........... 
Question 1 [20] 
1. When the labour demand curve shifts rightwards, at the new equilibrium, 
(a) there is no change in wage. 
(b) the wage decreases. 
(c) the wage increases. 
(d) the labour supply curve also shifts rightwards. 
(e) the labour supply cu...
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ENG1512 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (714511)
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ENG1512 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (Unique Number: 714511) ;100 % TRUSTED workings, 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)...........Question 1: Language editing 
1.1 The following passage has grammatical errors. Edit and improve the passage by re-writing the 
grammatically acceptable version of the passage. Do NOT change the original passage. 
Module Code: ENG1512 
Assignment: 02 
Marks: 100 
Unique Num...
![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](/docpics/5961870/66b3d6de064c7_5961870_121_171.jpeg)
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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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MAC3703 Assignment 2 (ANSWERS) Semester 2 2023 (715655)- DISTINCTION GUARANTEED
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Well-structured MAC3703 Assignment 2 (ANSWERS) Semester 2 2023 ()- DISTINCTION GUARANTEED (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1 (30 MARKS) 
Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for more than 20 years, ...
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MANCOSA ECONOMICS 1A STUDY GUIDE
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This document covers all the aspects of economics and provides definitions about microeconomics ,macroeconomics etc . Explanations about the circular flow ,demand and supply curve, market equilibrium, government intervention, elasticity of demand and supply, perfect competition and imperfect competition and the labour market .Clear definitions and explanations are provided and with question papers with answers and multiple choice questions with answers
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MAC3702 Assignment 1 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
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MAC3702 Assignment 1 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ............ Question 
1 
Complete 
Mark 1.00 out of 1.00 
Papraika Limited (also known as “Papraika Stores”) is the largest non-food retailer in South Africa and is listed on theJohannesburg Stock Exchange (JSE). The company is the leading retailer of clothing, home appliances, stationery,cosmetics, accessories and ce...
![A possible reason that the demand for petrol is inelastic is because petrol is a luxury good. households spend a small proportion of their income on petrol. a large proportion of the petrol South Africa consumes is imported. there is no close substit](/docpics/5982476/66b8e4f9d6fed_5982476_121_171.jpeg)
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A possible reason that the demand for petrol is inelastic is because petrol is a luxury good. households spend a small proportion of their income on petrol. a large proportion of the petrol South Africa consumes is imported. there is no close substit
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ECS1501 ASSESSMENT 6 2024 
 
 Producers are interested in the price elasticity of the demand for their product because it indicates what will happen to their total revenue (= P x Q) when the price of the product changes. Note, you will lose 50% of the mark for this question if you choose the incorrect option. 
 If you are not sure about the answer and do not want to guess, choose the “Unsure” option. You will neither receive marks for the question nor will you lose marks for choosing this op...
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MAC3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 (715655) - DUE 19 September 2023.
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MAC3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 () - DUE 19 September 2023.Detailed working, solutions, memo, notes & explanations.................. QUESTION 1 (30 MARKS) Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for ...
![ECS2604 ASSESSMENT 4 SEMESTER 1 2024 1.1 Which of the following is NOT a type of unemployment? Answer if the question is TRUE/FALSE and state the reason why the statement is TRUE/FALSE. 2.1 The labour force participation rate of women in South Africa h](/docpics/5471037/6656f3d45456f_5471037_121_171.jpeg)
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ECS2604 ASSESSMENT 4 SEMESTER 1 2024 1.1 Which of the following is NOT a type of unemployment? Answer if the question is TRUE/FALSE and state the reason why the statement is TRUE/FALSE. 2.1 The labour force participation rate of women in South Africa h
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ECS2604 ASSESSMENT 4 SEMESTER 1 2024 
 
1.1 Which of the following is NOT a type of unemployment? 
 
Answer if the question is TRUE/FALSE and state the reason why the statement is TRUE/FALSE. 
2.1 The labour force participation rate of women in South Africa has changed since 1990. (4) 
 
 
2.2 South Africa’s Social welfare net discourages women from seeking work. (4) 
 
3.1 In your opinion, what are the two leading causes of unemployment in South Africa? Briefly discuss them. (6) 
 
4.1 Ass...
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ECS3701 Assignment 1 QUIZ (COMPLETE ANSWERS) Semester 1 2025 - DUE March 2025
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ECS3701 Assignment 1 QUIZ (COMPLETE ANSWERS) Semester 1 2025 - DUE March 2025; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us... Question 1 
Complete 
CBM mark 2.00 
Weight 2.00 
Hedging refers to: 
a. foreign exchange arbitrage 
b. the acceptance of a foreign 
exchange risk 
c. the avoidance of a foreign 
exchange risk 
d. foreign exchange speculation 
Certainty@ : —C=1 (Unsure: <67%) 
C=2 (Mid: >67%)...
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