ECS1501 ASSIGNMENT 9 SEMESTER 1 2023

ECS1501
ASSIGNMENT 9
SEMESTER 1 2023




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Dashboard / Courses / UNISA / 2023 / Semester 1 / ECS1501-23-S1 / Assessments / Assessment 9

Started on Wednesday, 24 May 2023, 8:04 PM
State Finished
Completed on Wednesday, 25 May 2023, 10:13
PM Time taken 43 mins 33 secs
Marks 14.00/15.00
Grade 96.00 out of 100.00


Question 1

Complete

Mark 1.00 out of 1.00




I confirm

that this assessment will be my own individual work;

that I will not communicate with anyone else in any way during the completion of this assessment;

that I will not cheat in any way in completing and submitting this assessment.




I confirm.

I do not confirm.




Question 2

Complete

Mark 1.00 out of 1.00




In economics, "the long-run" is referred to as



a period in which the amounts of labour are fixed.

a period in which the amounts of capital are variable.

a period in which the amounts of all factors of production can be changed.

a period in which the amounts of all factors of production are fixed.




The long-run describes a period in which all factors of production are variable or the period in which the amounts of all factors of
production can be varied.