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  • Work Sheet On PPF 2022 Batch

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    Charlie Delta
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    This document contains a worksheet with multiple choice and short answer questions about production possibility frontiers (PPF). It includes questions that assess understanding of opportunity costs, shifts in the PPF, and how population growth impacts the PPF. Short answer questions require calculating opportunity costs, explaining characteristics of points on the PPF, and drawing diagrams to illustrate the effect of population changes on the PPF.

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    Work Sheet on PPF 2022 Batch

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    This document contains a worksheet with multiple choice and short answer questions about production possibility frontiers (PPF). It includes questions that assess understanding of opportunity costs, shifts in the PPF, and how population growth impacts the PPF. Short answer questions require calculating opportunity costs, explaining characteristics of points on the PPF, and drawing diagrams to illustrate the effect of population changes on the PPF.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    6 views9 pages

    Work Sheet On PPF 2022 Batch

    Uploaded by

    Charlie Delta
    This document contains a worksheet with multiple choice and short answer questions about production possibility frontiers (PPF). It includes questions that assess understanding of opportunity costs, shifts in the PPF, and how population growth impacts the PPF. Short answer questions require calculating opportunity costs, explaining characteristics of points on the PPF, and drawing diagrams to illustrate the effect of population changes on the PPF.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 9

    Work sheet on PPF – Multiple Choice Questions

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    Short Answer Questions
    1.

    Originally, the economy has a production possibility frontier shown by the line XY, operating at point V.
    The production possibility frontier then moves to XZ, operating at point U. Calculate the original and the
    new opportunity cost of producing 50 capital goods. You are advised to show your working. Explain one
    characteristic of the economy at position W
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    2.

    capital
    Using the data above, calculate the opportunity of producing more consumer goods.
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    3. In 2000 the population of Qatar was 592 267. By 2018 the population had increased to 2 694 849.
    Most of this growth was caused by immigration.
    Draw a diagram to illustrate the impact of this change in Qatar’s population on its production
    possibility frontier.

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