100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Previously searched by you
Previously searched by you
logo
  • University Of South Africa (Unisa)
  • ADVANCED MICROECONOMICS (ECS3708)
To add items to your wishlist, you must be logged in
Other

ECS3708 ASSESSMENT 2 SEMESTER 1 2024

Rating
-
Sold
-
Pages
6
Uploaded on
18-04-2024
Written in
2023/2024

ECS3708 ASSESSMENT 2 SEMESTER 1 2024

Institution
University Of South Africa (Unisa)
Module
ADVANCED MICROECONOMICS (ECS3708)









Whoops! We can’t load your doc right now. Try again or contact support.
Report Copyright Violation

Written for

Institution
University of South Africa (Unisa)
Module
ADVANCED MICROECONOMICS (ECS3708)
All documents for this subject (5)

Document information

Uploaded on
April 18, 2024
Number of pages
6
Written in
2023/2024
Type
Other
Person
Unknown

Subjects

  • ecs3708 assessment 2 semester 1 2024

Content preview

0717513144 ECS3708 ASSESSMENT 2 2024






DISCLAIMER

The ECS3708 assignment 2 2024 is a guide that help students to answer their
2nd assessment. Therefore, students can use as the document contains different
pools of questions. Those who need further assistance may contact the given
details:

CONTACT NUMBER:

071 751 3144

EMAIL:




ECS3708 ASSIGNMENT 2 2024 0717513144

, 0717513144 ECS3708 ASSESSMENT 2 2024


Question 1

Suppose that the consumer has a Cobb Douglas utility function:

𝑈(𝑋1 , 𝑋2 ) = 𝛼𝑙𝑛𝑋1 + 𝛽𝑙𝑛𝑋2

Determine the marginal rate of substitution of 𝑋1 for 𝑋2. (4)

α
𝑀𝑈𝑋1 =
𝑋1

β
𝑀𝑈𝑋2 =
X2

𝑀𝑈𝑋1 α 𝑋2
𝑀𝑅𝑆𝑋1𝑋2 = =
𝑀𝑈𝑋2 β 𝑋1


Question 2

Suppose a share in Company A is forecasted to be R11 in the next period. If a share
similar to Company A is paying a rate of return of 10%, what must be the current price
of the share in Company A (5)

FV = 11

Rate = 10%

𝑃𝑉 = 𝐹𝑉(1 + 𝑟)−1

11
=
1,1

= 𝑅10

Therefore, the current value = R10




ECS3708 ASSIGNMENT 2 2024 0717513144

More courses for University of South Africa (Unisa) >

  • Fac1601 - financial accounting and reporting
  • Fac1502 - financial accounting principles, concepts and procedures
  • Tax2601 - principles of taxation
  • Ecs1501 - economics ia
  • Financial accounting
  • Capstone in accounting sciences
  • Automation and data analysis
  • Ecs1601 - economics ib
  • Financial accounting and reporting
£3.65
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
Get to know the seller
Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
tatendamuzavazi
3.7
(181)

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
tatendamuzavazi financial intelligence
View profile
Follow You need to be logged in order to follow users or courses
Sold
1249
Member since
4 year
Number of followers
693
Documents
818
Last sold
1 day ago
Financial Intelligence Group

We offer assignment packs and summarized notes with vivid up-to-date examples and illustrations for different commercial and humanities degrees. Our aim is to make the learning process easier for the students in colleges and universities.

3.7

181 reviews

5
73
4
33
3
44
2
10
1
21

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these revision notes.

Didn't get what you expected? Choose another document

No problem! You can straightaway pick a different document that better suits what you're after.

Pay as you like, start learning straight away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and smashed it. It really can be that simple.”

Alisha Student

Frequently asked questions