Economics 102 Study guides, Class notes & Summaries
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ECS2604 EXAM PACK 2023
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7.5 Assignments 
7.5.1 First semester assignments 
SEMESTER 1 
ASSIGNMENT 01/2018 
CLOSING DATE: 02 March 2018 
UNIQUE NUMBER: 
WEIGHT: 40% of semester mark 
TL501: Learning units 1 – 4 
Prescribed Book: Chapters 1 – 4 
This assignment contributes 40% towards your semester mark. 
Please ensure that this assignment reaches the University before the due date. 
Answer all the questions on a mark-reading sheet or on myUnisa. 
IMPORTANT! The first ten multiple choice questions of thi...
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Test Bank for Engineering Economics Financial Decision Making for Engineers Canadian 6th edition
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Test Bank for Engineering Economics Financial 
Decision Making for Engineers Canadian 6th 
edition 
TEST Bank 
Engineering Economics 
6 
th Edition 
Niall M. Fraser 
Elizabeth M. Jewkes 
Mehrdad Pirnia 
Engineering Economics, 6e (Fraser/Pirnia) 
Chapter 1 Engineering Decision Making 
1.1 Multiple Choice Questions 
1) Evaluation of an engineering project involves the following constraints 
A) financial, environmental, social and political constraints. 
B) technical and financial constraints. 
C...
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Test Bank - Sociology of Sport Paperback 12Ed. by George H. Sage , D. Stanley Eitzen, Becky Beal , Matthew Atencio - Complete, Elaborated and Latest Test Bank. ALL Units (1-15) Included and Updated
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Test Bank - Sociology of Sport Paperback 12Ed. by George H. Sage , D. Stanley Eitzen, Becky Beal , Matthew Atencio - Complete, Elaborated and Latest Test Bank. ALL Units (1-15) Included and Updated for 2023 
 
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ECON 102 Midterm Exam Part 1 Answers 2023 (Penn State University) Latest Update 2023 Questions and Answers 100% Correct Highly Recommended Download to Score A
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ECON 102 Midterm Exam Part 1 Answers 2023 (Penn State 
University) Latest Update 2023 Questions and Answers 100% 
Correct Highly Recommended Download to Score A 
Question 1 
When an economist talks about scarcity, he or she is referring to 
Question 2 
________________ is the branch of economics concerned with the behavior of individual 
decision makers – both households and firms – and the functioning of individual industries 
Question 3 
“Grade inflation is a more important problem ...
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Test Bank for Economics 4th Edition by Paul Krugman
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Test Bank for Economics 4th Edition by Paul Krugman 
 
 
1.	A simplified representation that is used to study a real situation is called a(n): 
A)	model. 
B)	production possibility frontier. 
C)	assumption. 
D)	trade-off. 
 
 
2.	The models that economists construct: 
A)	usually make simplifying assumptions. 
B)	often rely on physical constructs, such as those used by architects. 
C)	rarely use mathematical equations or graphs. 
D)	attempt to replicate the real world. 
 
 
3.	When building a mod...
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SUMMARY Articles Entrepreneurship B&M/TM
- Summary • 89 pages • 2021
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Week 1: Introduction to entrepreneurship 
1. Thurik, R., Stam, E., & Audretsch, D.B. (2013). The rise of the entrepreneurial economy and the future or dynamic capitalism, Technovation, 33, 302-310. 
2. Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research, Academy of Management Review, 25(1), 217-226. 
3. Kuratko, D.F., Morris, M.H., & Schindehutte, M. (2015). Understanding the dynamics of entrepreneurship through framework approaches, Small Business Econom...
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ECON 102 QUIZ Chapter 1-3 Latest 2023
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ECON 102 QUIZ Chapter 1-3 Latest 2023. The study of economics is primarily concerned with: 
keeping private businesses from losing money. 
demonstrating that capitalistic economies are superior to socialistic economies. 
choices that are made in seeking the best use of resources. 
determining the most equitable distribution of society's output. 
2. The saying that "there is no free lunch" means that: 
there are always trade-offs between economic goals. 
all production involves the use of scar...
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Econ 102 Midterm 1 Questions and Answers Rated A+
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Econ 102 Midterm 1 Questions and Answers Rated A+ which of the following best describes scarce resources? resources for which the quantity demanded exceeds the quantity that is freely available 
economics is primarily the study of ____________ how agents choose to allocate scarce resources and how these choices affect society 
which of the following is an example of a positive economic statement? higher interest rates will encourage more savings 
________ is the study of how individuals, househo...
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Econ-102-PSU-Exam-1 (2023/2024) Already Passed
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Econ-102-PSU-Exam-1 (2023/2024) Already Passed Incentives rewards or penalties for engaging in a particular activity 
Economics The study of how people allocate their limited resources to satisfy their unlimited wants 
Resources things used to produce goods and services to satisfy people's wants 
Wants what people would buy if their incomes were unlimited 
Microeconomics the study of decision making undertaken by individuals and by firms 
Macroeconomics the study of the behavior of the economy ...
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Test Bank for Engineering Economics Financial Decision Making for Engineers Canadian 6th edition
- Exam (elaborations) • 277 pages • 2024
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Test Bank for Engineering Economics Financial 
Decision Making for Engineers Canadian 6th 
edition 
TEST Bank 
Engineering Economics 
6 
th Edition 
Niall M. Fraser 
Elizabeth M. Jewkes 
Mehrdad Pirnia 
Engineering Economics, 6e (Fraser/Pirnia) 
Chapter 1 Engineering Decision Making 
1.1 Multiple Choice Questions 
1) Evaluation of an engineering project involves the following constraints 
A) financial, environmental, social and political constraints. 
B) technical and financial constraints. 
C...
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