Introduction to Economics

Well-structured ECS1500 Assignment 3 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). ..Question 1 (5 marks) Maximum word count: 100 words A new video game has been released that requires the need of a specific gaming console called SUPER CONSOLE. The new video game has received lots of attention and is a popular choice for a birthday and Christmas gift for gamers young and old. Explain how the market for SUPER CONSOLE will be affected by these...

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'Economics as Key to Success' introduces the main aspects of Economics. It informs people on the importance of Economics and it also inspire people to continue seeking opportunities in Economics.

The BLC was set up to help SMMEs in rural and township settings better connect with metropolitan markets, which is essential to their development. According to Jones and Jackson (2021), SMMEs play an essential role in South Africa's economic recovery by generating greater output and more jobs. If these SMEs aren't supported, the economy can't grow and thrive in the long run. These small and medium-sized enterprises (SMMEs) in rural and township areas suffer the most difficulty in keeping up w...

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