1. If Mexico is currently operating at a point beyond its production possibilities curve, there are unemployed resources in Mexico. Is this statement true or false and explain your answer. 2. Explain the connection between opportunity cost and the Production Possibilities Curve. 3. List the factors change demand and shift the demand curve. Tell what happens to demand and the demand curve when there is an increase in the factor for normal good, substitute and complement good. 4. List the factors that change supply and shift the supply curve. Tell what happens to supply and the supply curve when there is an increase in the factor. 5. At any price above the equilibrium price, what occurs