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1.Distinguish between enterprise and entrepreneur? 2.What are the functions of entrepreneur? 3.Define investment.? 4.Distinguish between gross investment and net investment.? 5.What is meant by depreciation

1.Distinguish between enterprise and entrepreneur?

2.What are the functions of entrepreneur?

3.Define investment.?

4.Distinguish between gross investment and net investment.?

5.What is meant by depreciation of capital?

6.Why do consumers, producers and governments make choice?

7.What is meant by resource allocation?

Define 'Production Possibility Curve' (PPC) ?

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