1. WHAT ARE THE 3 MAIN SECTORS OF THE ECONOMY? Q2. WHAT IS A LABOUR INTENSIVE AND CAPITAL INTENSIVE PROCESS? IF YOU WERE A MANAGER OR HAD YOUR OWN BUSINESS WHICH ONE WOULD YOU CHOOSE? Q3. WHAT ARE ECONOMIC COSTS AND ECONOMIC PROFITS FOR A BUSINESS? Q4. WHAT ARE SHORT RUN COSTS AND IF YOU HAD YOUR OWN BUSINESS, HOW WOULD YOU CONTROL THEM? Q5. WHAT IS MARGINAL COST AND WHY IS IT IMPORTANT TO UNDERSTAND FOR BUSINESS OWNERS AND MANAGERS