EXCELGATE INSTITUTE 0846244729
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELGATE INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS.
Education is the most powerful weapon which you can use to change the world
,9/3/24, 5:03 AM Assessment 3 (page 25 of 30)
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 3
QUIZ
Question 25
Answer saved
Marked out of 1.00
According to the price-setting relation, which one of the following will NOT influence price-setting by firms in an imperfectly
competitive market?
Select one:
A. the relation between the inputs used in production and the quantity of output produced
B. the nature of the production function
C. the nominal wage per unit of output
D. the expected prices of inputs
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21760955&cmid=848063&page=24 1/1
, 9/3/24, 5:18 AM Assessment 3 (page 13 of 30)
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 3
QUIZ
Question 13
Not yet answered
Marked out of 1.00
Which one of the following institutional factors does NOT play an essential role in the way wages are determined in most
countries?
Select one:
A. wages depend on labour market conditions
B. the expected price level, the unemployment rate, and institutional factors will influence workers’ behaviour when
negotiating wages
C. the lower the unemployment rate, the higher the wages
D. the absence of reservation wages
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21761193&cmid=848063&page=12 1/1
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELGATE INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS.
Education is the most powerful weapon which you can use to change the world
,9/3/24, 5:03 AM Assessment 3 (page 25 of 30)
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 3
QUIZ
Question 25
Answer saved
Marked out of 1.00
According to the price-setting relation, which one of the following will NOT influence price-setting by firms in an imperfectly
competitive market?
Select one:
A. the relation between the inputs used in production and the quantity of output produced
B. the nature of the production function
C. the nominal wage per unit of output
D. the expected prices of inputs
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21760955&cmid=848063&page=24 1/1
, 9/3/24, 5:18 AM Assessment 3 (page 13 of 30)
ECS2602-24-S2 Welcome to the module ECS2602-24-S2 Assessment 3
QUIZ
Question 13
Not yet answered
Marked out of 1.00
Which one of the following institutional factors does NOT play an essential role in the way wages are determined in most
countries?
Select one:
A. wages depend on labour market conditions
B. the expected price level, the unemployment rate, and institutional factors will influence workers’ behaviour when
negotiating wages
C. the lower the unemployment rate, the higher the wages
D. the absence of reservation wages
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=21761193&cmid=848063&page=12 1/1
