Question: e . Explain in one paragraph how the PPF curve itself in Diagram 1 depicts the economic problem of scarcity for Rosie s Bakery. (
e Explain in one paragraph how the PPF curve itself in Diagram depicts the economic problem of scarcity for Rosies Bakery. pt
f Which points in Diagram represent efficiency? Explain. pt
gEvery point on the PPF in Diagram involves a tradeoff. Explain this by comparing a combination of related changes in values on the graph. pt
h From Diagram calculate the opportunity cost of ONE additional cake in the range to with the opportunity cost of ONE additional cake in the range to Show all calculations. pt
i In Diagram how would explain the shift from PPF to PPF at Rosies Bakery using economic theory? pt
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