Ecs1501 assignment 10 Study guides, Study notes & Summaries

ECS1501 ASSIGNMENT 10 SEMESTER 1 - 2023 DUE DATE: 05 JUNE 2023

ECS1501 Assignment 2 Semester 2 2023 (Solutiona/answers) Question 2 Not yet answered Marked out of 1.00 Flag question Question text On a diagram of a production possibilities curve, opportunity cost is represented by a point on the vertical axis. the slope of the production possibilities curve, which indicates that to get more of one good requires less of another. a point on the horisontal axis. a ray through the origin. Clear my choice Question 3 Not yet answered Marked out of 1...

this document contains ecs1501 assessment 11 expected questions and answers for 2023 sem 2. using it correctly for preparation and research purposes will help you score more than 75%

ECS1501 Assignment 10 (ANSWERS) Semester 1 2023

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...

ECS1501 ASSIGNMENT 2 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 coffee and 1...

ECS1501 - Assignment 1 to 4 answers - Semester 1, 2019 12 8 ASSIGNMENTS 8.1 FIRST SEMESTER ASSIGNMENTS ASSIGNMENT 01 UNIQUE NUMBER Due date: Content: Weight: Submit: 18 February 2019 Learning units 1 to 5 10% of your semester mark Via myUnisa or on a mark-reading sheet This assignment was compiled by Lerato Nkosi. 1.1 Economics is the study of [1] how society manages its unlimited resources. [2] how to reduce our wants until we are satisfied. [3] how society manages its scarc...

ECS1501 Assignment 2 (QUIZ)Semester 1 2023 () 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 fire shifted it _______. outward; inward inward; inward. inward; outward outward; outward Clear my choice One point on a PPC shows production levels at 50 tons of coffee and 100 tons of bananas. Remaining on the PPC, an increase of banana production to 140 tons s...

ANSWERS OF ECS1501 ASSIGNMENT PREVIEW OF QUESTION 1 1. 3 Reference: Prescribed book PG 119 Law of demand which indicates that a negative relationship exists between the price of a good or service and the quantity demanded of it. 2. 1 Reference: Prescribed book PG 125 An important property of a demand curve is that it slopes downwards from left to right. This reflects the inverse or negative relationship between the price and the quantity demanded. This downward slope of the demand cu...

ECS1501 ASSIGNMENT 6 QUESTIONS AND EXPECTED ANSWERS The price of popcorn is $0.50 per box and the price of peanuts is $0.25 per bag. You have $10 to spend on both goods. The maximum number of bags of peanuts that you can purchase is: A. 5. B. 20. C. 40. D. 10. - CORRECT ANSWERC. 40 The price of popcorn is $0.50 per box and the price of peanuts is $0.25 per bag. You have $5 to spend. You decide to purchase 8 boxes of popcorn. The maximum number of bags of peanuts that you can purch...