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MOD3327 Economics for Business

Task
Writing your Assignment:
  • This report assignment must be completed individually.
  • You must use the Harvard referencing system.
  • Your work must indicate the number of words you have used on the cover page. Written assignments must not exceed the specified maximum number of words. When a written assignment is marked, the excessive use of words beyond the word limit is reflected in the academic judgement of the piece of work which results in a lower mark being awarded for the piece of work (regulation 6.74).
  • Assignment submissions are to be made anonymously. Do not write your name anywhere on your work.
  • Write your student ID number at the top of every page.
  • Where the assignment comprises more than one task, all tasks must be submitted in a single document.
  • You must number all pages.
Production Decisions in UK Manufacturing Between 2010 to 2019
1: 45/100 marks: Answer the following question
“When and why do inputs and costs impact the production decisions related to the supply of goods and services? Explain these economic concepts using examples from within the UK economy between 2010 and 2019”

2: 45/100 marks: Answer the following question
“Define and explain how perfect competition or a highly competitive markets impact the supply of goods and services? Explain these economic concepts applied to a specific highly competitive UK-based industry between 2010 and 2019” 

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