Description
General instructions:
– Minimum word count is 500 words.
– This page must be attached as the cover page .
– APA referencing method must be used in this homework (2Marks).
– The Homework must be submitted in a PDF format.
– Any submission after the midterm exam date will result in two
grades reduction.
Case 2
Course
Economics for busness
Academic Staff
Dr.Abdullatef Saber
Section
Section (MBA)
Due`s Date
Before the midterm exam
College
Busniss collage
Student Name
ID
1st: Knowledge
Task number
Mark
CLOs
PLOs
Task
Total
Mark
10
10
S2.1
S1
General instructions:
– Minimum word count is 500 words.
– This page must be attached as the cover page.
– APA referencing method must be used in this homework (2Marks).
– The Homework must be submitted in a PDF format.
– Any submission after the midterm exam date will result in two
grades reduction.
Jeddah International College
1
First Task:
1-Provide an example of a purchasing situation in which you think your own
short- and long-run elasticities differ a lot and a second in which they are similar.
What drives those differences?
2- What features of the European Union EU do you think increase the labor
elasticity?
*State your opinion about each of these statements (5 marks each)
Jeddah International College
2
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