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Self Evaluation:

Q1.Define opportunity cost and marginal opportunity cost.


Q2.State two features of resources that give rise to an economic
problem.
Peer Evaluation
Q1.Explain the shape of PPC? When will PPC a straight line curve?
Q2.What is economic value of Make In India campaign (in terms of PPC)
?
Q2.Differentite between:
a)Micro and macro economics
b)Positive and normative economics
c)Command and market economy
Teacher evaluation:
Q1.Explain the 3 central problems of an economy through PPC.
Q2.Illustrate the impact of the following on PPC:
a)Economic growth
b)Obsolesce of technology
c) “Digital India Campaign”

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