1. Based on the underlying principles in an economy, what possible scenarios might happen after 6 months, if the oil price increases continuously?
2. Kindly fill in with the necessary information. Note that the "Shanang's Sweeties" is just the name of the store/stall and there is no connection on the information to be provided.

1. With the knowledge gain in the discussion of Production Possibility Frontier and Circular Flow Diagram, write down in the third column the strategies or methods on how to improve the production of \"Shanang's Sweeties". FACTORS OF INITIAL RESOURCES STRATEGIES/METHODS PRODUCTION Land Home-based Labor The owner is the baker Capital From the savings of the owner Entrepreneurship The owner is the manager