Ecs2601 Study guides, Study notes & Summaries

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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 ASSESSMENT 6 2023

ECS2601 ASSIGNMENT 6 semester 2 2023

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

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ECS2601 ASSESSMENT 3 (215605) SEMESTER 2 2023 MICROECONOMICS

ECS2601 ASSIGNMENT 2 SEMESTER 2 2023 QUESTIONS AND ANSWERS

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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...