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Part E [8 marks] The following 8 questions (65-72) relate to the information given below. Try to do the questions in order since the answers

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Part E [8 marks] The following 8 questions (65-72) relate to the information given below. Try to do the questions in order since the answers for some questions depend on the answers to previous questions in the series. Each question is worth 1 mark. Suppose a country produces only two final goods, bananas and oranges. The table shows the production of goods and their prices for 2012 and 2013: Bananas Oranges 2012 {quantity, price/unit} (1000 kg, $1.00/kg} (500 kg, $2.00/kg} 2013 {quantity, price/unit} {1200 kg, $0.95/kg} {400 kg, $2.25/kg} You may wish to use the space below for any calculations and diagrams that will help as you work through the series of questions

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