Economics N4 — Memo

November 2018 — N4 — Economics

N4 2018 Nated Business

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This section provides a quick preview of questions from the document. It may not display every question or the complete wording of each one. For the full content, including diagrams, tables and other information, view the original PDF above.

Q1— Section header —

1.1.20

1.2.1True

1.2.2False

1.2.3alse

1.2.4True

1.2.550

Q2— Section header —

2.1.1Utility bility of an article/good /service while other things remain the same/constant there is a decline/decrease in the m arginal utility that a person derives

2.4

2.6Labour Interest [50]50

Q3— Section header —

3.1.10

3.2Highly elastic Unitary elastic Income levels Consumer tastes and preferences Competition Fashions (5 (10\

3.4.1(a\ (b\ (c\ (d\ (e\ (5 (10\

3.4.2750/2/35 [50]50

Q4— Section header —

4.1.1.1

4.1.5True False False True False (5 (10\

4.2.5equals Mining indirect using deferred (5 (10\

4.3.1An estimate due to an increase of a single factor of production while all the other factors remain constant.

4.3.3Costs that change over time due to firms changing production in response to expected economic profit or losses.

4.3.4Plant shutdown: Complete closure for scheduled maintenance, replacement of parts, modification or expansion. Price R300 D R250 R200 E R150

4.5Capital market [50]50

Q5— Section header —

5.1.5

5.2

5.3COMBINATION PRODUCT A PRODUCT B For retirement For wn payment on fixed and immovable assets Expectations by consumers [50] TOTAL SECTION B:50

Topics Identified

Microeconomics

Mark Allocation

Sections50 + 50 + 50 + 50 + 50 = 250 marks

Paper information

TitleMemo

SubjectEconomics

LevelN4

Document typeNated Business

Year2018

MonthNovember

Pages6

Downloads6

Examination context

Decade2010s

Years ago8y

SeasonSpring (SH)

Start dayThursday

Exam periodNovember 2018

Days since exam2,901

About Economics examination preparation

This TVET examination resource can be used as part of a structured revision programme. Past papers are most useful when learners attempt questions independently, work within a realistic time limit, and review their answers afterwards.

How to use this resource for revision

A TVET past examination paper is most useful when it is treated as an active revision exercise. Try the questions yourself before checking the corresponding memorandum. Where you make an error, identify the reason — was it a knowledge gap, a calculation mistake, an interpretation issue, or an examination technique problem?

For stronger examination practice, complete the paper without unnecessary interruptions and keep track of the questions that take the most time. Afterwards, review the memorandum and separate knowledge gaps from mistakes caused by interpretation, calculation, structure, or examination technique.

understanding question requirements

applying subject knowledge

working under time constraints

checking answers

identifying revision priorities

A practical revision approach

Start by completing the resource without looking at the memorandum. Review incorrect and incomplete answers afterwards and make a short revision list based on the areas that caused difficulty.

File details

File size185.6 KB

Pages6

Archived on8 September 2026

File age46d

ContributorFreeMode

Fingerprint8D70F4AA21AF

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