ECS1501
ASSIGNMENT 5
ANSWERS 2024
ECS1501 ASSIGNMENT 5 ANSWERS
2024
, ECS1501 - Assessment 5.2024
Question 1 (12 marks) Maximum word count: 100 words
(I) In the webcast episode, moderator Alex portrays the economic situation that
Goliath Bikes faces as being in a condition of oversupply. He makes sense of that
with the reduction in pre-charge benefit and deals, almost certainly, Monster has
created a larger number of bikes than there is interest for on the lookout. I concur
with this evaluation on the grounds that a decline in benefit and deals proposes that
there is overabundance supply on the lookout, prompting a diminishing in costs and
productivity for Goliath.
(ii) Outline of the bike market:
Amount
^
|
S|
o|
ASSIGNMENT 5
ANSWERS 2024
ECS1501 ASSIGNMENT 5 ANSWERS
2024
, ECS1501 - Assessment 5.2024
Question 1 (12 marks) Maximum word count: 100 words
(I) In the webcast episode, moderator Alex portrays the economic situation that
Goliath Bikes faces as being in a condition of oversupply. He makes sense of that
with the reduction in pre-charge benefit and deals, almost certainly, Monster has
created a larger number of bikes than there is interest for on the lookout. I concur
with this evaluation on the grounds that a decline in benefit and deals proposes that
there is overabundance supply on the lookout, prompting a diminishing in costs and
productivity for Goliath.
(ii) Outline of the bike market:
Amount
^
|
S|
o|
