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South African Economy - Papers Online

South African Economy

INDIVIDUAL ASSIGNMENT COVER PAGE

Name

Programme Name
Management Advance Programme
Module
Principles of Economics
Facilitator
Programme Manager
Programme director

Due Date
3 September 2012
Number of Pages
10

Certification:

I certify that the content of this assignment is my own and original work and that all sources have been accurately reported and acknowledged and that this document has not previously been submitted in its entirety or in part at any educational establishment.

I understand that should any part of this assignment be found to have been plagiarized (as defined in the course pack) it will not be ...

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4
4
Disbursing social grants
5
5
Monopolistic and oligopolistic trends
7
6
Cartel like activities
9
7
Economies of Scale
9
8
Competition in economies of Scale
10

Conclusion
10

Bibliography


1 & 2 South African cell phone industry boom
S0
Figure 1
S1

E1
E0
P0
Price
Of Cell phones

P1


D1
D0

Q1
Q0
Quantity of Cell phones

Figure 1 explained:

Looking at the single demand curve illustrated by D1 the demand curve shifted rightwards which lead to increase in price and increase in quantity of cell ...

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Price
Of a Black berry
P0

P1

E1

D1
D0
Q0

Quantity of blackberries
Q1

Figure 2 explained:

* The demand curve will shift to the left due to less demand for the blackberries

* The equilibrium E0 shifts to E1

* Quantity (Q0) decreased to Q1

* The price (P0) also decreased to P1

* The BB's / unit demanded will be less

* Demand decreased which will lead to a decrease in Price / BB

* The Quantity also decrease due to the less demand

* S0

The supply will be less to make it more cost efficient

Figure 3
Price
Of ...

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PAPER DETAILS
Added: 9/29/2012 04:07:27 AM
Submitted By: wjmurray5
Category: Economics
Type: Premium Paper
Words: 2541
Pages: 10

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