MAC2602 Assignment 2 (ANSWERS) Semester 1 2024

1. UNISA
2. 2024
3. MAC2602-S1
4. Welcome Message
5. Assessment 2




Assessment 2


Started on Friday, 29 March 2023, 1:42 PM
State Finished
Completedon Friday, 29 March 2023, 2:11 PM
Time taken 32 mins 16 secs
Marks 40.00/50.00
Grade 98.33 out of 100.00




Question 1
Correct

Mark 2.00 out of 2.00




Which ONE of the following relates to price skimming as pricing strategy?
(a) A short-lived product.

(b) A newly launched product.
(c) An improved high-demand product.

(d) A product in a highly competitive industry.




Select one:
a. A short-lived product.

b. An improved high-demand product.

c. A newly launched product. 

d. A product in a highly competitive industry.

, Question 2
Correct

Mark 3.00 out of 3.00




Use the following information. Revenue for the current period = R980 million -
(previous period was R780 million).
Operating cost for the current period = R23 000 million – (previous period was R55
million).
Calculate the growth rate for revenue and for operating cost respectively:

(a) Revenue -25,64% (decline); Operating cost 58,18% (growth or increase)
(b) Revenue 25,64% (growth or increase); Operating cost -58,18% (decline)

(c) Revenue 20,41% growth or increase); Operating cost -139,13 (decline)
(d) Revenue -20,41% (decline); Operating cost 139,13% (growth or increase)




Select one:
a. Revenue -25,64% (decline); Operating cost 58,18% (growth or increase)

b. Revenue -20,41% (decline); Operating cost 139,13% (growth or increase)

c. Revenue 20,41% growth or increase); Operating cost -139,13 (decline)

d. Revenue 25,64% (growth or increase); Operating cost -58,18% (decline) 