Question

9. Match the columns 'B' and 'C' with 'A' B с Monetary flow of income А (1) Concave to Centrally the origin planned economy (2) Organisation Microeconomics External of Economic activities (3) Circular flow Increasing of income opportunity cost sector Market economy Macro- economics (4) Major Real flow of sectors in an income economy (5) Branches of Government Economics Production possibility curve March 2015)​

Answer 1

Answer:

For example, say an economy produces 20,000 oranges and 120,000 apples. On the chart, that's point B. If it wants to produce more oranges, it must produce fewer apples. On the chart, Point C shows that if it produces 45,000 oranges, it can only produce 85,000 apples.