Ecs2601 assignment 2 Study guides, Study notes & Summaries

ECS2601 ASSIGNMENT 6 semester 2 2023

ECS2601 Assignment 4 Semester 2 (ANSWERS) Question 1 Complete Mark 0.00 out of 2.00 Flag question Question text When a profit-maximising firm is at its short run optimum, a. none of the options will be true. b. the average cost of the product is at its lowest possible point, whether a profit is being made or not. c. the profit per unit of output will be at its maximum possible level. d. the firm will be shut down if its price is less than the average fixed cost. Question 2 Comp...

ECS2601 ASSIGNMENT 1 SEMESTER 2 2023 FOR FURTHER ASSISTANCE KINDLY WHATSAAP 9

ECS2601 ASSIGNMENT 6 QUESTIONS AND ANSWERS

THIS DOCUMENT CONTAINS EXPECTED QUESTIONSA AND ANSWERS FOR ECS2604 ASSESSSMENT 2 OF 2023 SEM 2. USING IT CORRECTLY AS A GUIDE WILL HELP YOU SCORE ABOVE 85%.

THIS DOCUMENT CONTAINS DSC1520 ASSESSMENT 1 SEMESTER 1 of 2024 EXPECTED QUESTIONS AND ANSWERS. CORRECT USE AS A GUIDE WILL HELP YOU SCORE ABOVE 80%

ECS2601 ASSIGNMENT 2 SEMESTER 2 - 2022 ECS2601 13 SEPTEMBER 1. That the firm is perfectly competitive is evident from its … 1. constant marginal revenue. 2. increasing marginal cost. 3. increasing total cost. 4. zero economic profit. 2. The maximum profit available to the firm is … 1. R20 2. R30 3. R35 4. R155

ECS2601 ASSIGNMENT 2 2023 SEM 2

ECS2601 Assignment 4 (QUIZ) Semester 1 % TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance. ............................................................... In the short run, a perfectly competitive firm earning positive profit is … a. at the minimum of its ATC. b. on the upward sloping portion of its ATC. c. on the downward sloping portion of its ATC. d. above its ATC. If current output is less than the profit-maximising output, then the next unit prod...

ECS2601 Assignment 4 Semester 2 (ANSWERS).100% TRUSTED Answers, guidelines, workings and references.Question 1 Complete Mark 0.00 out of 2.00 Flag question Question text When a profit-maximising firm is at its short run optimum, a. none of the options will be true. b. the average cost of the product is at its lowest possible point, whether a profit is being made or not. c. the profit per unit of output will be at its maximum possible level. d. the firm will be shut down if its price is less tha...