Production consumption - Study guides, Class notes & Summaries

ECS1601 ASSIGNMENT 7 (COMPLETE ANSWERS) 2024 - DUE 02 NOVEMBER 2024Question 1 (5 marks) Maximum word count: 100 words 1.1 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the foreign sector, provide an explanation as to why it is better to purchase the proudly South African products and ...

DTM3605 Assignment 3 (COMPLETE ANSWERS) 2024 (Unique Number: 662336) - DUE 15 April 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... DTM3605 – CONTINUOUS ASSESSMENT ASSIGNMENT 3: LEARNING UNIT 3 – THE GROWTH OF CREATIVE TOURISM Unique number: 662336 Opens: Monday, 25 March 2024, 8:00 AM Due: Monday, 15 April 2024, 9:00 PM ▪ Assignment 3 (written assignment) is based on the content of...

ECS2602-TESTS-BANK. 100% CORRECT questions, answers, workings and explanations. Question 1 Which of the following statements is/are correct? a) In this module we only study the demand side of the economy which includes the goods market and the financial market. The labour market form part of the supply side analysis and are therefore excluded from this module. b) The two most important accounts of the balance of payments are the current account and the financial account. c) If total output ...

Well-structured ECS2606 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).... 1. Discuss the implications of the first and second law of thermodynamics for the processes of production and consumption in the economy. [10] 2. Graphically explain the equimarginal principle by supposing a factory has two plants, one with steeply increasing marginal costs and one with more slowly increasing marginal cost [10] 3. Discuss the THREE different...

Describe what happens when relative supply and demand change - Answer- - When supply exceeds demand: price falls, consumer have greater choice of cheaper alternatives. Producers lower price to remain competitive. Fall in prices lead to increased demand in the long run - When demand exceeds supply: price increase, consumers willing to pay higher for some wines; others simply switch to another wine or a different alcoholic drink The general factors affecting demand for wine - Answer- - Socia...

Well-structured ECS4862 Assignment 3 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Economists describe climate change as a market failure due to the inability of organisations to account for the release of greenhouse gases into the atmosphere during production and consumption processes. Which industries or firms in your country contribute a lot to climate change, how do they contribute and what should be done to mitigate the environmental impact of these...

DTM3605 ASSIGNMENT 3 SEMESTER 1 2024 GUARANTEED DINSTINCTION LEARNING UNIT 3 – THE GROWTH OF CREATIVE TOURISM Question 1 answers Culture as a panacea for economic decline The Maboneng precinct utilizes culture to revitalize the area economically. By hosting events, art exhibitions, and cinema screenings, it attracts tourists and locals, stimulating economic activity through increased foot traffic, sales, and employment opportunities. This role is relevant as it demonstrates how cult...

2023 AQA A-level GEOGRAPHY 7037/2 Paper 2 Human geography Mark scheme & Insert (Merged) June 2023 [VERIFIED] A-level GEOGRAPHY 7037/2 Paper 2 Human geography Mark scheme June 2023 Version: 1.0 Final *236A7037/2/MS* MARK SCHEME – A-LEVEL GEOGRAPHY – 7037/2 – JUNE 2023 Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation...

This document contains workings, explanations and solutions to the ECS2606 Assignment 1 (QUALITY ANSWERS) Semester 1 2024 (613420). For assistance call or us on 0.6.8..8.1.2..0.9.3.4......... 1. Discuss the implications of the first and second law of thermodynamics for the processes of production and consumption in the economy. [10] 2. Graphically explain the equimarginal principle by supposing a factory has two plants, one with steeply increasing marginal costs and one with more slowly increas...

Well-structured MAC3703 Assignment 2 (ANSWERS) Semester 2 2023 ()- DISTINCTION GUARANTEED (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1 (30 MARKS) Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for more than 20 years, ...