Economics ia Study guides, Class notes & Summaries

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ACTIVITY 1.1 Note: Solutions to the questions marked with an asterisk (*) are provided at the end of this study unit. (a) Define economics (in one sentence). (b) What is the difference between wants and demand (in one or two sentences)? (c)* In Table 1-1 below, indicate by means of a tick in the appropriate column, which of the items are needs and which are wants.

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ECS1500 ASSIGNMENT 1 ATTEMPT 1 2024 QUIZ

Expected Questions and Answers For ECS1501 ASSIGNMENT 6 SEMESTER 2 2023. Distinction Guaranteed, 80%+.

ECS1501 Assignment 2 (QUIZ) Semester 1 2023 () 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . In March 2020, a factory used new technology to produce its output. Then in July 2020, a fire destroys half the factory. The new technology shifted the factory's PPC _____ and the fireshifted it _______. outward; inward inward; inward. inward; outward outward; outward Clear my choice One point on a PPC shows production levels at 50 tons of co...

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