MBOC7143 Business Economics Individual Assignment 1: Universiti Malaya Wales – Faculty of Business

School

International University of Malaya-Wales (IUMW)

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Assignment Type

Individual Assignment

Subject

MBOC7143: Business Economics

Uploaded by Malaysia Assignment Help

Date

09/30/2025

INDIVIDUAL ASSIGNMENT 1 (30%)

EcoBrew Sdn. Bhd. is a Malaysian start-up producing eco-friendly beverages such as sugar-free coffee and tea. The company aims to expand production and explore regional markets. The founders must decide between scaling up with mass manufacturing or maintaining a serviceoriented boutique model. They face rising input costs, changing demand, and possible government interventions in pricing.

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ASSIGNMENT GUIDELINES

Using the EcoBrew case, write a 2000-word analytical report addressing the following:

1. Discuss how EcoBrew operates within Malaysia’s mixed economy 2. Explain the role of government policy in shaping business outcomes.

2. Identify two opportunity costs EcoBrew faces in choosing between manufacturing and services.

3. Use a PPF diagram and explain how prices guide resource allocation.

PPF Point Bottled Units (‘000) Service Units (‘000)
A 0 60
B 10 55
C 18 45
D 24 30
E 28 15
F 30 0

4. Compute the EcoBrew’s fixed, variable, total, average, and marginal costs.

Cost Schedule – Manufacturing

Output

(units)

VC/Unit (RM) Fixed

Cost

(RM)

Variable

Cost

(RM)

Total

Cost

(RM)

ATC (RM) AVC (RM) MC (RM)
10,000 5.60 176,000
20,000 5.30
30,000 5.10
40,000 5.20
50,000 5.60

Cost Schedule – Service

Output

(units)

VC/Unit (RM) Fixed

Cost

(RM)

Variable

Cost

(RM)

Total

Cost

(RM)

ATC (RM) AVC (RM) MC (RM)
6,000 3.50
12,000 3.10 97,200
18,000 2.90
24,000 3.00
30,000 3.40

5. Discuss economies and diseconomies of scale.

6. Calculate break-even and target profit quantities for manufacturing and service models

Break-even & Target Profit

Model Price (RM) VC/Unit (RM) Fixed

Cost

(RM)

Contribution/Unit (RM) Breakeven

Q

(units)

Target

Profit

(RM)

Target

Profit

Q

(units)

Manufacturing 9.50 5.40 120,000 4.10 50,000
Service 8.00 3.20 60,000 4.80 50,000

7. Interpret results for strategic decision-making based on your findings in (7).

8. Examine determinants of demand and supply affecting EcoBrew.

9. Use elasticity concepts (PED, YED, XED) to analyze market behavior.

Year Income Price Quantity Demanded
Coffee Tea Coffee Tea
2022 100 10 5 24 11
2023 102 9 6 28 14
2024 105 6 8.5 29 16

a. Analyse the type of good for tea and coffee using PED.

b. Analyse the type of good for tea and coffee using YED.

c. Analyse the relationship of tea and coffee using XED.

10. Illustrate EcoBrew’s market equilibrium.

Price (RM) QD (‘000) QS (‘000)
6 40 10
7 36 15
8 32 20
9 25 25
10 24 30
11 20 35
12 16 40

11. Analyze the impact of price ceilings and floors using demand and supply data.

Policy Controlled Price (RM)
Price Ceiling 8.00
Price Floor 10.00

The Assignment Format and Guide

The students are required to follow the following assignment format:

  1. Cover page
  2. Table of contents
  3. Body (sections as above)
  4. Conclusion and reflection
  5. References: use proper APA reference style
  6. Appendices (where necessary)

 

Your WRITTEN REPORT must adhere to 2,000 words (excluding references).

General Criteria:

  1. This is an individual assignment.
  2. Utilize a minimum of 15 academic references. When referring to any sources for this project, please adhere strictly to the APA citation style. All references should be clearly cited within the text and included in a comprehensive reference list at the end of the document.
  3. It is imperative that no generative AI tools are used in the creation or compilation of content. All work must be original and manually written, ensuring the authenticity and integrity of the project. This approach guarantees adherence to academic standards and the production of high-quality, credible work.
  4. Maximum of 2,000 words. Word count exceeding it, if any, will NOT be read. The word count requirement is strictly on the essay only and does NOT include complementary sections such as Cover page, Table of Content, Reference, and Appendix, whichever is applicable.
  5. Font Times New Roman 12, 1.5 spacing. The first paragraph NOT need to be indented. However, all proceeding paragraphs should be indented 1.2cm. The body of the text must be Justified throughout the essay.
  6. Page margins: 2.5cm for top, right and left; 3.0 cm for bottom margin, footer 1.3 cm.
  7. The page number must be centred on the text and placed at the bottom of the page. No dashes, periods, underlining, or other marks should appear before, after, or under the page number.
  8. Additional marks shall be given for bringing in and discussing related concepts, theories, and issues from OTHER scholarly articles(s).
  9. The submission deadline must have been adhered to. Penalties will be imposed for the late
  10. PENALTY also applies to any issue of plagiarism in completing this assignment.
  11. The submission is to be titled “MBOC7143_ASSIGNMENT1_STUDENT NAME_SEP2025”. Submission MUST BE in PDF file.

Universiti Malaya Wales – Faculty of Business

Student Name
Student ID  
Programme  
Module Name  
Submission Dateline  
Academics In-Charge  

 Declaration of Work

I hereby declare that the assignment titled [Title of Assignment] submitted for the course [Course Name] is my own original work. I have acknowledged all sources of information and data that have been utilized in the preparation of this assignment. I have not submitted this work in its entirety or in part for any other course or academic requirement. I have adhered to the ethical guidelines and academic standards set forth by Universiti Malaya-Wales. By signing below, I affirm that this submission is a product of my independent effort and intellectual labor.

[Your Full Name]

[Your Student ID]

[Date]

STUDENT FEEDBACK FORM

This section details the extent to which the assessment criteria are demonstrated by you, which in turn determines your mark. The marks available for each category of skill are shown. Lecturers will use the space provided to comment on the achievement of the task(s), including those areas in which you have performed well and areas that would benefit from development/improvement.

Generic Assessment Criteria 
1. Engagement with Literature Skills 15
2. Knowledge and Understanding Skills 20
3. Cognitive and Intellectual Skills 25
4. Practical Application Skills 25
5. Transferable Skills for Life and Professional Practice 15
Assessment Mark (Assessment marks are subject to ratification at the

Exam Board.  These comments and marks are to give feedback on module work and are for guidance only until they are confirmed.)

Late Submission Penalties (tick if appropriate) %
Up to 1 week late (30% Max)
Over 1 week late (0%)

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GENERIC ASSESSMENT CRITERIA

Level 6

In accordance with the Framework for Higher Education Qualifications, at the end of Level 6 students should have coherent and detailed knowledge and a systematic understanding of their subject area, at least some of which is informed by the latest research and/or advanced scholarship within the discipline. They will be able to accurately deploy established techniques of analysis and enquiry within a discipline, using their conceptual understanding to devise and sustain arguments and/or to solve problems. They should be aware of the uncertainty, ambiguity and limits of knowledge. They should be able to critically evaluate evidence, arguments, assumptions, abstract concepts and data (that may be incomplete), to make judgements, and to frame appropriate questions to achieve a solution – or identify a range of solutions. They will apply the methods and techniques that they have learned to review, consolidate, extend and apply their knowledge and understanding, and to initiate and carry out projects. They will have the ability to manage their own learning, and to make use of scholarly reviews and primary sources (for example, refereed research articles and/or original materials appropriate to the discipline). They will demonstrate the qualities and transferable skills necessary for employment requiring: the exercise of initiative and personal responsibility; decision-making in complex and unpredictable contexts; the learning ability needed to undertake appropriate further training of a professional or equivalent nature.

Level 6 FAIL MARGINAL FAIL SATISFACTORY

(3rd / Pass)

GOOD

(2.2 / Pass)

VERY GOOD

(2.1 / Merit)

EXCELLENT

(1st / Distinction)

EXCEPTIONAL

(1st / Distinction)

Category 0-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
Engagement

with literature

(including reading, referencing, academic conventions and academic honesty) 

Little or no evidence of reading and/or reliance on inappropriate sources. Views and findings mostly unsupported and nonauthoritative. Referencing conventions used incoherently or largely absent. Poor engagement

with essential reading. No evidence of wider reading. Reliance on inappropriate sources, and/or indiscriminate use of sources. Heavily reliant on information gained through class contact. Inconsistent and weak use of referencing.

Engagement with a limited range of mostly relevant and credible sources. Some omissions and minor errors.

Referencing conventions evident though not always applied accurately or consistently.

Engagement with an appropriate range of researchinformed

literature, including sources retrieved independently. Some over-

reliance on texts. Referencing may show minor inaccuracies or inconsistencies.

Engagement with a wide range of researchinformed

literature, including sources retrieved independently. Selection of relevant and credible sources.  Very good use of referencing, with no/very few inaccuracies or inconsistencies.

Engagement with an extensive range of relevant and credible

literature, informed by the latest research. Consistently accurate application of referencing.

Exceptional engagement with an extensive range of relevant and credible

literature, informed by the latest research. High-level referencing skills consistently and professionally applied.

Level 6 FAIL MARGINAL FAIL SATISFACTORY

(3rd / Pass)

GOOD

(2.2 / Pass)

VERY GOOD

(2.1 / Merit)

EXCELLENT

(1st / Distinction)

EXCEPTIONAL

(1st / Distinction)

Category 0-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
Knowledge and understanding

(Coherent and detailed knowledge and systematic understanding of the subject area, at least some of which is informed by the latest research and/or advanced scholarship within the discipline.)

 

Major gaps in knowledge and systematic understanding of the subject matter. Substantial inaccuracies. No awareness of knowledge of the latest research and/or advanced scholarship within the discipline.

 

Gaps in knowledge, with only superficial systematic understanding. Some significant inaccuracies and/or irrelevant material.  No awareness of knowledge of the latest research and/or advanced scholarship within the discipline. Limited knowledge and systematic understanding of the relevant concepts and principles within the subject area which to some

limited extent, is informed by current research and scholarship.

Knowledge is reasonably detailed, accurate with a good systematic understanding of

the field of study and to some extent, current research and scholarship.

Knowledge is reasonably extensive coherent and detailed.  Exhibits very good understanding of the breadth and depth of established views, and the work is, at least

in part, wellinformed by current research and scholarship.

Excellent coherent and

detailed knowledge and systematic understanding of the principles and theories of current research and scholarship. Clear awareness of challenges to established views and the limitations of the knowledge base.

Exceptionally coherent and

detailed knowledge and systematic understanding of the principles and theories of the subject, wellinformed by current research and scholarship. A critical, sophisticated and nuanced awareness of the ambiguities and limitations of knowledge.

Cognitive and intellectual skills 

(Conceptual and critical thinking, analysis, synthesis and evaluation of research, assumptions, abstract concepts

and data (that

may be

incomplete); logic, argument and judgement.)

Wholly or almost wholly descriptive work. Little or no analysis, synthesis or evaluation. Failure to develop arguments, leading to illogical or invalid judgements. Unsubstantiated generalisations, made without Largely descriptive work, with superficial use of critical evaluation.

Weak development of arguments and judgements. Information accepted uncritically, uses generalised statements made with scant evidence and

Limited attempt

at critical thinking, analysis, synthesis and evaluation, tending towards description.

Some evidence to support emerging arguments and judgements but these may be

underdeveloped

or with a little

Some critical thinking, analysis, synthesis and evaluation. Can analyse new and/or abstract concepts and data without guidance. An emerging awareness of different stances and ability to use evidence (that may be Sound critical thinking, analysis, synthesis and evaluation demonstrating critical thinking. Ability to devise and sustain persuasive arguments, and

to review the

reliability, validity and significance

of evidence (that may be

Excellent critical thinking, analysis, synthesis and evaluation. Ability to investigate contradictory or incomplete information and make strong, persuasive, arguments and sophisticated judgements. Some evidence Exceptional

critical thinking, analysis, synthesis and evaluation based on judiciously selected evidence.  Ability to investigate contradictory or incomplete information and make strong, persuasive, arguments and

Level 6 FAIL MARGINAL FAIL SATISFACTORY

(3rd / Pass)

GOOD

(2.2 / Pass)

VERY GOOD

(2.1 / Merit)

EXCELLENT

(1st / Distinction)

EXCEPTIONAL

(1st / Distinction)

Category 0-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
use of any credible evidence.

 

unsubstantiated

opinions. Ideas

sometimes

illogical and contradictory.

inconsistency / misinterpretation. Asserts rather than argues a case.

 

incomplete) to support the argument. Mostly valid arguments and

logical judgements. Some tendency to assert/state opinion rather than argue on the basis of reason and evidence.

incomplete) to make mostly appropriate and valid judgements.

 

of independent

thought and

ability to ‘see beyond the question’, suggesting a grasp of the broader field and wider concepts.

 

sophisticated, nuanced, judgements. Evidence of independent

thought and

ability to ‘see beyond the question’, suggesting an outstanding grasp of the broader field and wider concepts.

Practical skills

(Apply/deploy accurately established tools and techniques; initiate and carry out projects; formulate solutions to solve problems in complex and unpredictable contexts.)

Limited or no use of methods, materials, tools and/or techniques. Little or no appreciation of the context of the application. Limited understanding of the application of theory to

practice or making appropriate links between the two. Very weak problem-solving

skills in complex and

Rudimentary application of methods, materials, tools and/or techniques but without consideration and competence. Flawed appreciation of the context of the application.

Weak

understanding of the application of theory to practice, with only occasional evidence of making

An adequate awareness and mostly appropriate application of well-established methods, materials, tools and/or techniques. Basic appreciation of the context of the application. Theoretical knowledge and understanding applied in practice, but not

always making

logical links between the two.

A good and appropriate application of standard methods, materials, tools and/or techniques. Clear appreciation of the context of the application. Mainly consistent,

accurate and logical application of theory to practice, making appropriate links between the two

A very good application of a range of methods, materials, tools and/or techniques. Very good consideration of the context of the application, with perceptive insights. Can identify problems and propose appropriate

solutions in complex and unpredictable contexts.

An advanced

application of a range of methods, materials, tools and/or techniques. The context of the application is well considered, and insightful. Application and deployment extend beyond established conventions.  Can identify complex problems and propose excellent solutions.

Exceptional levels of application and

deployment

skills in

unpredictable, practical contexts, drawing skilfully on the latest research within the discipline. Can identify complex problems and propose sophisticated solutions. Assimilation and development of cutting edge

Level 6 FAIL MARGINAL FAIL SATISFACTORY

(3rd / Pass)

GOOD

(2.2 / Pass)

VERY GOOD

(2.1 / Merit)

EXCELLENT

(1st / Distinction)

EXCEPTIONAL

(1st / Distinction)

Category 0-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
unpredictable contexts. appropriate links between the two. Weak problemsolving skills in complex and unpredictable contexts.

 

 

Can identify problems and propose basic

solutions in complex and unpredictable contexts without fully appreciating the complexity.

Can identify problems and propose mostly appropriate

solutions in complex and unpredictable contexts.

Evidence of some innovation and creativity. Innovation and creativity evident. processes and techniques.
Transferable

skills for life and professional practice

(Exercise of initiative and personal responsibility; professional

development; initiate and complete tasks and procedures: individually and/or collaboratively; use appropriate media to communicate effectively; fluency of expression; clarity and effectiveness in presentation and organisation.)

Communication medium is inappropriate or misapplied. Work is poorly structured, disorganised and/or confusingly expressed. Very weak use of language and/or very inappropriate

style. Little or no evidence of autonomy (or collaboration, where relevant) in the completion

of tasks. Little or

no evidence of the skills required in graduate employment.

 

Communication medium is poorly designed and/or not suitable for the audience.  Work is poorly presented in a disjointed manner. It is loosely, and at times incoherently, structured, with information and ideas often poorly expressed. Weak use of language and/or inappropriate style. Weak independent

initiative (or collaboration, if relevant). Limited evidence of the skills

Can communicate in a suitable medium but with some room for improvement.  Mostly ordered presentation and structure in which relevant ideas / concepts are reasonably expressed. Work may lack coherence in places. Can work as part of a team, but with limited involvement in group activities.

Demonstrates

the basic skills required in graduate employment, with some areas

Can communicate

effectively in a suitable format, but may have minor errors. Mostly coherent, organised work, in a suitable structure and is for the most part clearly expressed. Can work effectively independently and/or as part of a team, with clear contribution to group activities.  Demonstrates the skills required in graduate employment, with some areas of strength and

Can communicate

well, confidently and consistently in a suitable format. Work is coherent, fluent, well-structured and organised. Can work very well

autonomously and/or as part of

a team, with very good

contribution to group activities.

Demonstrates very good graduate employment

skills, with just occasional minor weakness.

Can communicate

professionally confidently and consistently in a suitable format. Work is coherent, very fluent and is presented professionally. Can work autonomously with initiative. Where relevant can work professionally within a team,

showing

leadership skills

as appropriate, managing

conflict and meeting obligations.

Demonstrates excellent

Can communicate with an exceptionally high level of professionalism.  Work is exceptionally coherent, very fluent and is presented professionally. Can work exceptionally well and professionally within a team, showing advanced leadership skills.

Demonstrates exceptional graduate

employment skills and an appetite for

Level 6 FAIL MARGINAL FAIL SATISFACTORY

(3rd / Pass)

GOOD

(2.2 / Pass)

VERY GOOD

(2.1 / Merit)

EXCELLENT

(1st / Distinction)

EXCEPTIONAL

(1st / Distinction)

Category 0-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
required in graduate employment. of minor weakness. some of minor weakness. graduate

employment skills and an appetite for further development.

further development.

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