ECS1501 ASSESSMENT 2 SEM 1 OF 2024 EXPECTED QUESTIONS AND ANSWERS
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Grado
Economics (ECS1501)
Institución
University Of South Africa (Unisa)
THIS DOCUMENTS CONTAINS ECS1501 ASSESSMENT 2 SEM 1 OF 2024 EXPECTED QUESTIONS AND ANSWERS. USE IT CORRECTLY AS A GUIDE AND PRACTICE TO HELP YOU SCORE ABOVE 75%
ppose you have graduated with a degree in accounting and are offered a job with
firm. But you are also considering joining an R&B band and
idoning your promising career in accounting. The opportunity cost of aiming at
rdom would include all of the following except
on the loan you take out to purchase a million-watt amplifier
salary you could be making as an accountant.
OSCAR THE TUTOR
nds of rands spent on useless tuition payments. N
oscardiura@gmail.com
0737560989
for FAC MAC ECS DSC
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TAX QMI FIN INV BNU
g a whole new wardrobe made entirely of leat STA
tutorials
,ngs and machines used in the production process.
ces necessary for firms to set up prgduction facilities.
, is the most accurate definition of the study of
) Reducing human wants to eliminate the problem of
- Dealing with affluence in a morally bankrupt world.
ing surplus goods to those in need.
scarce resources to satisfy unlimited
-
, ¥
Dashboard myAdmin
following is not one of the central economic
'systems aim to answer?
will produce these goods and services?
whom will these goods and services be produced? OSCAR THE TUTOR
oscardiura@gmail.com
0737560989
goods and services will be produced? for FAC MAC ECS DSC TAX QMI
FIN INV BNU STA
tutorials
will these goods and services be produced?
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