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ECS1501 ASSIGNMENT 6 2024 A perfectly inelastic demand curve is a. vertical b. horizontal c. a downward sloping straight line with a slope equal to 1 d. a curved line along which the product of price and quantity is constant.
ECS1501 ASSIGNMENT 6 2024 
A perfectly inelastic demand curve is 
vertical. 
horizontal. 
a downward sloping straight line with a slope equal to 1. 
a curved line along which the product of price and quantity is constant.
- Exam (elaborations)
- • 38 pages •
ECS1501 ASSIGNMENT 6 2024 
A perfectly inelastic demand curve is 
vertical. 
horizontal. 
a downward sloping straight line with a slope equal to 1. 
a curved line along which the product of price and quantity is constant.
ECS1501 Topic 8 Practical assignment
ECS1501 Topic 8 Practical assignment
- Essay
- • 8 pages •
ECS1501 Topic 8 Practical assignment
ECS1501 ASSIGNMEMNT 4 2024 If there is excess supply in the market, then the market cannot be in equilibrium. Note, that 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 w
ECS1501 ASSIGNMEMNT 4 2024 
 
If there is excess supply in the market, then the market cannot be in equilibrium. 
Note, that 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 option. 
True 
False 
Unsure
- Exam (elaborations)
- • 48 pages •
ECS1501 ASSIGNMEMNT 4 2024 
 
If there is excess supply in the market, then the market cannot be in equilibrium. 
Note, that 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 option. 
True 
False 
Unsure
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TRL4861 ASSIGNMENT 2 2024 Assume you are an operations manager of an airline. Use five types of demand forecasting methods and five quantitative methods to forecast the demand for the airlines’ services for the next two years. In your discussion make su