Solve this CBSE estionS—Past 4 ears
in the context of production
mplovment wilt make economy move to
(Reduction o
implying higher level of o
2. Explain the central proble
to Wh m produce%
Explain the problem of 'for whom to produce'.
[page 18, 191
3. The government has started
promoting foreign capital What is its economic vaiue me
production possibilities frontier?
[The inflow of foreign capital is expected to increase the oi the resources. Consen•
production possibility frontier will shift to the right_l
4. is a production possibility curve concave to the origin? Explain.
[Page 29, 301
Large number Of technical training institutions have been started the
economic value in the context Of production possibiüties frontier
(This would lead to technological innovations in the econorm. When o'
improves, production possibility frontier is expected to shift to the
Why is a production possibilities curve downward sloping? Explain-
[Page 29)
What will be the impact of recently launched 'Ciean india Mission'
production possibilities curve of the economy and why?
[page 27, 461
Central Problems of an Econom
