Economics of Enterprise Answers

In the labour market for carpenters, the current market clearing wage rate is R800 per day. With the
aid of a diagram, discuss the welfare effects of government intervention in the form of legislation that
sets the minimum wage rate for a carpenter at R1000 per day.

How will Eskom's interventions of covering up for all the debts and coal shortages impact on consumer's?

Expansionary demand management policy measures tend to....

Explain the relationship between the three short-run total cost curves.

difference between price elasticity of demand and income elasticity of demand

ENT 101 - (INTRODUCTION TO ENTREPRENEURSHIP.)

The assumption that entrepreneurs are people from the big moon is know as :


a: special myth
b: Made myth
c: Born Made,
d:Gamblers myth

Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

4. Give examples of how Howard Schultz might perform the interpersonal roles, the informational roles, and the decisional roles.

Discuss the scope of economics including the traditional division of economics

Why does a free market economy result in the availability of a wide variety of goods and services