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Exam (elaborations)

ECS1500 EXAM PACK 2026 | UNISA Past Papers, Questions & Answers

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Introduction to Economics - ECS1500 Latest exam pack questions and answers and summarized notes for exam preparation. 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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ECS1500
EXAM PACK

, lOMoARcPSD|21997160




ECS1500 Assignment 03 2024

Student number: 22413316

Name: Sanelisiwe Nokwenama Qiniso Ngwenya

Date submitted: 23 April 2024

Word count: 336




ACADEMIC INTEGRITY DECLARATION

1. I understand what academic dishonesty entails and am aware of UNISA’s
policies in this regard.

2. I declare that this assignment is my own, original work. Where I have used
someone else’s work I have indicated this by using the prescribed style of
referencing. Every contribution to, and quotation in, this assignment from the
work or works of other people has been referenced according to this style.

3. I have not allowed, and will not allow, anyone to copy my work with the
intention of passing it off as his or her own work.

4. I did not make use of another student’s work and submitted it as my own.

NAME: Sanelisiwe Nokwenama Qiniso Ngwenya

STUDENT NUMBER: 22413316

MODULE CODE: ECS1500

SIGNATURE/ID NUMBER: 9705130334084

DATE: 23 April 2024

, lOMoARcPSD|21997160




Question 1




The release of a new video game requiring the SUPER CONSOLE will increase
demand for the console as it has received lots of attention and is a popular gift choice.
This will result in increased purchases of the SUPER CONSOLE by consumers and this
increase in demand (demand curve will have a rightward shift - from D1 to D2 on a
graph below) will lead to an increase in the equilibrium price (illustrated by an upward
arrow - from P1 to P2) and an increase in the equilibrium quantity of the SUPER
CONSOLE (represented by a rightward arrow - Q1 to Q2).




Number of words used: 99

, lOMoARcPSD|21997160




Question 2




Avian Flu Outbreak Impact on South African Egg Market

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