PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS
Education is the most powerful weapon which you can use to change the world
,11/9/24, 11:48 AM Assessment 6 (page 1 of 15)
UNISA 2024 ECS2601-24-S2 Welcome Message Assessment 6
QUIZ
Time left 0:34:40
Question 1
Answer saved
Marked out of 2.00
Michael decides that he would pay as much as R3 200 for a new laptop
computer. He buys the computer and realises consumer surplus of R800. How
much did Michael pay for his computer?
a. R2 400
b. R4 000
c. R800
d. R3 200
Clear my choice
Question 2
Answer saved
Marked out of 2.00
When a firm practices perfect, first-degree price discrimination, then the profit
maximising output is where MC curve intersect the demand curve.
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23562727&cmid=990762 1/1
, 11/9/24, 11:48 AM Assessment 6 (page 2 of 15)
UNISA 2024 ECS2601-24-S2 Welcome Message Assessment 6
QUIZ
Time left 0:34:47
Question 3
Answer saved
Marked out of 2.00
Marginal revenue, shown graphically, is the …
a. vertical intercept of a line tangent to the total revenue curve at a given
point.
b. slope of the total revenue curve at a given point.
c. slope of a line from the origin to a point on the total revenue curve.
d. slope of a line from the origin to the end of the total revenue curve.
Clear my choice
Question 4
Answer saved
Marked out of 2.00
Average revenue per quanity, is also equal to price times quantity.
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23562727&cmid=990762&page=1 1/1
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELGATE should
not be rendered accountable since the contents in this document only give learners a
kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS
Education is the most powerful weapon which you can use to change the world
,11/9/24, 11:48 AM Assessment 6 (page 1 of 15)
UNISA 2024 ECS2601-24-S2 Welcome Message Assessment 6
QUIZ
Time left 0:34:40
Question 1
Answer saved
Marked out of 2.00
Michael decides that he would pay as much as R3 200 for a new laptop
computer. He buys the computer and realises consumer surplus of R800. How
much did Michael pay for his computer?
a. R2 400
b. R4 000
c. R800
d. R3 200
Clear my choice
Question 2
Answer saved
Marked out of 2.00
When a firm practices perfect, first-degree price discrimination, then the profit
maximising output is where MC curve intersect the demand curve.
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23562727&cmid=990762 1/1
, 11/9/24, 11:48 AM Assessment 6 (page 2 of 15)
UNISA 2024 ECS2601-24-S2 Welcome Message Assessment 6
QUIZ
Time left 0:34:47
Question 3
Answer saved
Marked out of 2.00
Marginal revenue, shown graphically, is the …
a. vertical intercept of a line tangent to the total revenue curve at a given
point.
b. slope of the total revenue curve at a given point.
c. slope of a line from the origin to a point on the total revenue curve.
d. slope of a line from the origin to the end of the total revenue curve.
Clear my choice
Question 4
Answer saved
Marked out of 2.00
Average revenue per quanity, is also equal to price times quantity.
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23562727&cmid=990762&page=1 1/1
