Transport Economics Assignment – Open Learning Group

Question 1: Cape Town’s MyCiTi Spine Road depot construction 65% complete The City of Cape Town (CoCT) says construction work on two new MyCiTi depots, located on the corner of Spine Road and Mew Way between Khayelitsha and Mitchells Plain, is now 65% complete. City officials add that the bus transit project is on track to be concluded by May next year. Construction started in […]

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Business Statistics – Open Learning Group

Question 1: Answer the following multiple-choice questions. Simply indicate the correct answer next to the question number. E.g., 1.11 e) near the standard deviation are more frequent in occurrence than data far from the standard deviation. Question 2: Q. a) Type of Value b) Scale of Measurement c) Discrete/Continuous E.g., 2.2.6 Quantitative Ordinal Discrete 2.2.1       2.2.2       2.2.3     […]

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Economics Assignment Answers – Open Learning Group

Question 1: With the aid of a diagram, how the Production Possibility Curve (PPC) illustrates the fundamental economic concepts of scarcity, choice, and opportunity cost. (10) Identify and explain three key factors that can cause the Production Possibility Curve (PPC) to shift to the right. (6) The table below shows the quantity demanded (Qd) and quantity supplied (Qs) of milk at various prices. Use the […]

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