Tutorial 2 INTRODUCTION.doc - BBBE 1033 ECONOMICS MICROECONOMICS TUTORIAL 2 1 August 2015\/16 Describe the TWO(2 factors that can cause changes in the

Tutorial 2 INTRODUCTION.doc - BBBE 1033 ECONOMICS...

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BBBE 1033 ECONOMICS 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: (i) Discovery of new oil fields in Kelantan. (4 marks) (ii) New technology introduced in the electronics sector in Penang. (4 marks) 3. The table below shows efficient combinations of two goods, computers and cars that an economy can produce: Combination Computer (units) Car (units) A 400 0 B 300 20 C 200 40 D 100 60 E 0 80 (i) Define production possibilities frontier (PPF).
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  • Summer '16
  • Economics, Production-possibility frontier, Discovery of new oil fields

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