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Exam (elaborations)

Ecs1501 Assignment 8 semester 2 2023

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10/11/23, 8:35 PM Assessment 8: Attempt review




UNISA  2023  ECS1501-23-S2  Assessments  Assessment 8

QUIZ




Started on Wednesday, 11 October 2023, 8:20 PM
State Finished
Completed on Wednesday, 11 October 2023, 8:40 PM
Time taken 30 mins 12 secs
Marks 11.33/12.00
Grade 98.11 out of 100.00


Question 1
Complete

Not graded




I con rm

that this assessment will be my own individual work;
that I will not communicate with anyone else in any way during the completion of this
assessment;

that I will not cheat in any way in completing and submitting this assessment.




I con rm.

I do not con rm.




Question 2
Complete

Mark 1.00 out of 1.00




Utility is best de ned as


the price a consumer is willing to pay for a good or service.

satisfaction obtained from consuming the good or service.

the additional satisfaction derived from consuming a good or service.

usefulness of a good or service.




Utility is best de ned as the satisfaction from consuming the good or service.




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=14117331&cmid=622809 1/9

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