1.1 Nature of economics

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Question 45

Using the diagram below, calculate the opportunity cost of the decision to increase the production of Industrial Machinery to 85 thousand units (moving from Point A to Point B).

Production Possibility Frontier (PPF) diagram

[2]

1.1 Nature of economics

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Question 45

Using the diagram below, calculate the opportunity cost of the decision to increase the production of Industrial Machinery to 85 thousand units (moving from Point A to Point B).

Production Possibility Frontier (PPF) diagram

[2]

1.1 Nature of economics

Question 45

1.1 Nature of economics Questions

1.1 Nature of economics

Question 45

1.1 Nature of economics Questions