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Tutorial 2 INTRODUCTION
Tutorial 2 INTRODUCTION
MICROECONOMICS
TUTORIAL 2
1. August 2015/16
Describe the TWO (2) factors that can cause changes in the Production Possibilities
Frontier (PPF) of a country. (4 marks)
2. January 2016/17
Identify the effect on Malaysia’s production possibilities frontier curve for each of the
following events:
3. The table below shows efficient combinations of two goods, computers and cars that an
economy can produce:
4. Briefly explain any FIVE (5) factors that shift the demand curve. (10 marks)
5. Explain the difference between the ‘law of demand’ and the ‘law of supply’. (8 marks)
6. With the aid of a diagram, briefly explain the differences between ‘a movement along the
demand curve’ and ‘a shift in the demand curve’. (8 marks)