Ecs2601 memo Study guides, Study notes & Summaries

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ECS2601 Assignment 1 memorandum
Other • 3 pages • 2022

we have provided a memorandum for ECS2601 assignment 1. 90% guaranteed by utilising our memo.

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ECS2601 EXAM PAPERS+MEMO 2012-2021.pdf
Exam (elaborations) • 271 pages • 2021

ECS2601 EXAM PAPERS+MEMO

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ECS 2601 Exam Memo
Exam (elaborations) • 21 pages • 2021

QUESTION 1 (15 marks) In this question, write whether each statement is true or false. Fully explain your answer, using a diagram if appropriate. 1.1 Michael only consumes two goods: X and Y. If X is a Giffen good for Michael, then Y must be a normal good for Michael. True. A Giffen good is an inferior good. Since Michael only consumes two goods, they cannot both be inferior goods. Therefore, Y is a normal good. (It is important to explicitly point out explicitly that Giffen goods are a s...

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ECS2601 NEW Exam Pack - Detailed Solutions (Questions and Answers)
Exam (elaborations) • 187 pages • 2021

ECS2601 NEW Exam Pack - Detailed Solutions (Questions and Answers). Worked out answers with the Memos for past papers from 2016 to 2020.

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Exam Solutions to ECS2601
Exam (elaborations) • 21 pages • 2021

A combination of questions and answers of ECS2601

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