Part 1 Question Bank for the Estate Agent Examination by LPPEH Malaysia
Wednesday, February 4, 2015
Opportunity Cost reference to Production Possibility Curve Q2
Q. a) Explain the statement "demand is a function of price". (5 marks) b) Explain the concept of opportunity cost with reference to the production possibility curve. (15 marks) (20 marks, 2013 Q2)
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