FNS60217 Advanced Diploma of Accounting FNSINC601 Apply Economic Principles to Work in the Financial Services Industry LEARNER’S GUIDE Mode | Classroom + Online Delivery FNS60217 | FNSINC601 Apply...

1 answer below »
Please answer every question and I have attached the template also for assessment 1 and 2 and assessment 4 portfolio must be created


FNS60217 Advanced Diploma of Accounting FNSINC601 Apply Economic Principles to Work in the Financial Services Industry LEARNER’S GUIDE Mode | Classroom + Online Delivery FNS60217 | FNSINC601 Apply Economic Principles to Work in the Financial Services Industry Learner’s Guide | V 1.0 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2016 Page 2 of 33 FNSINC601 Apply Economic Principles to Work in the Financial Services Industry Supporting: FNS60217 Advanced Diploma of Accounting; May also support other qualifications based on respective packaging rules © E-Skills Australia, 2015 Copyright: This document and its contents are protected by Australian and International copyright laws. No part of this document may be reproduced or transmitted in any form or by any means, electronically or mechanically, including photography, scanning, recording or any information storage or retrieval system, without permission in writing from the copyright owner or from E-Skills Australia Pty Ltd. Information and/or resources used from the Commonwealth, government agencies, training.gov.au, public domain information, or any other external sources do not constitute copyright and remain the property of the original authors. All the websites and external resources mentioned in this publication are copyrighted to their owners and E-Skills or author does not endorse the views expressed by them. Web links are used as examples for reference purpose only and may have changed since publication of this resource. E-Skills Australia Pty Ltd ACN: 146 742 369 FNS60217 | FNSINC601 Apply Economic Principles to Work in the Financial Services Industry Learner’s Guide | V 1.0 | April 2018 Business Institute of Australia | RTO Code 91019 Next Review: Dec 2016 Page 3 of 33 Table of Contents 1. Introduction ...................................................................................................... 4 2. Unit Overview ................................................................................................... 4 3. Competency Standards ...................................................................................... 5 4. Delivery Plan .................................................................................................... 8 Delivery Arrangement .............................................................................................. 8 Delivery Conditions ......................................................................................... 8 Suggested Learner Resources ....................................................................... 11 5. Assessment Plan ............................................................................................. 12 Assessment Method .............................................................................................. 12 General Rules of Assessment ........................................................................ 14 Submission of Works ..................................................................................... 15 Assessment Tasks and Schedule ................................................................... 15 6. Assessment Tasks ........................................................................................... 16 Assessment Task 1: ......................................................................................... 16 Assessment Task 2: ......................................................................................... 21 Assessment Task 3: ......................................................................................... 25 Assessment Task 4: .....................
Answered 11 days AfterOct 25, 2021

Answer To: FNS60217 Advanced Diploma of Accounting FNSINC601 Apply Economic Principles to Work in the Financial...

Preeta answered on Nov 05 2021
112 Votes
Assessment Task 1:
Task 1: Price Elasticity
(a) Elasticity co-efficient using the arc method:

    Price
    Quantity Demanded
    Elasticity coefficient
    Elasticity coefficient
    11
    1250
    A
    
= - 0.04 ÷ 0.05
= - 0.8
    10
    1350
    B
    
= - 0.04 ÷ 0.05
= - 0.8
    9
    1450
    C
    
= - 0.03 ÷ 0.06
= - 0.5
    8
    1550
    D
    
= - 0.03 ÷ 0.06
= - 0.5
(b) Demand is considered to be elastic when the demand of a particular good or service is extremely sensitive to its price that is the change in quantity demand is higher than the change in price. remind is considered to be inelastic when demand of a particular good or service is not much sensitive to his price that is changing quantity demand is smaller than the change in price. The demand of a particular good or service is considered to be of unit elasticity when the change in quantity demanded of a product is exactly equal to the change in price of the product. 
Task 2: Market Structures
Market Structure
    
    Perfect...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here