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1.2.1 What is depicted by the table above?
(1)
1.2.2 How many apples will be produced if the farmer uses all his resources for the
production of apples?
(1)
1.2.3 Briefly describe the term 'Opportunity Cost'.
(2
1.2.4 Briefly explain any TWO internal reasons why a PPC will move outwards. (4
1.2.5 Use the information from the table to construct a PPC curve.
(4
1.2.6 Evaluate the effects of the occurrence of productive inefficiency and allocati
(
inefficiency.
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