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Which of the following best defines economies of scope?

  SECTION B: LONGER QUESTIONS     QUESTION 4: PRICE THEORY [20]   Study the picture below and answer the questions that follow:      

3.3 Delivery fees decrease / increase  the cost price of trading stock. (1)

  QUESTION 7: ACCOUNTING EQUATION     Analyse the following transactions in the table provided:   EXAMPLE: Paid the Municipality R1 000 per EFT for Water and Electricity. 1 Bought Trading stock for R2 500 and pay by EFT. 2 Issued a receipt for R640 to G Malinga (a debtor) for full settlement of his account. (5)  

7.5 Give the term for the amount of money each person in a country earns per annum. (1)

Which of the following is not an element of a sport organization’s general environment?

7.4 State whether the GDP is an economic or environmental development indicator. (1)

_____ complexity refers to the number of levels that exist between the top executive in the organization and the lowest positions in the hierarchy.

QUESTION 10 10.1 There are many factors that can affect development either positively or negatively. Select 2 geographical reason.   Name your selected two reasons, and explain, using your own words, how these geographical factors can affect development. (4)

The number of managers in this group is small, and they have great power and authority.