Question Completion Status: E Oc Wine The graph above shows the production possibilities from the previous question as a production possibility curve. With reference to the graph, choose the most appropriate point for each of the items below: Point v represents efficient production Point v represents inefficient production Point v represents unobtainable production At point v , not all resources are fully utilisedQuestion Completion Status: not undertaken to remedy the situation, it could have a negative impact on food security in terms of animal protein supply. The potential shortages that threatened to affect the retail market had already impacted KFC last December. Several franchises were temporarily closed, and menu items were limited in other stores as a result of limited stock supply when the country experienced stage 6 load shedding. Source: Adonis, V. 19 January 2023. Chicken shortages loom as load shedding hits poultry industry hard. Independent Online. Available at: https://www.iol.c o.za/business-report/entrepreneurs/chicken-shortages-loom-as-load-shedding-hits-poultry-industry-hard-5deae152-2873-4633-8496-a10483adc839. Complete the following sentences by filling in the blank with the correct option: The increased cost of running generators will cause the scarcity of chickens to v . This is because running generators will Note that no marks will be awarded unless all choices are correct.Westion Completion Status: Bee C1 D2 D1 E2 E1 F1 Wine Suppose a company producing only beer and wine is currently producing somewhere along the PPC curve ABCDEF1. Now suppose the same company experiences a shift in their production possibilities, such that their Production Possibility Curve is now AB2C2D2E2F2. Use the graph above to complete the following sentences: The shift in the PPC was caused by an increase in production technology for As a result, production has increased for80 70 60 Whisky (litres) 50 O 40 30 20 10 un on on in En en in on on Click Save and Submit to save and submit. Click Save All Answers to save all answers.QUESTION 3 The amount a business can produce depends on four factors. These are called the factors of production. Each of the events in the table below will have an effect on a business's factors of production. For each of the events below, describe its effect on the factors of production by choosing the correct options: Event Effect on factors of production Increased pollution makes bottled spring water undrinkable Managers decide to run a business as a way to buy themselves luxury items Poor maintenance results in frequent factory breakdownsQuestion Completion Status: A B2 O B1 C2 C, D2 Beer D E2 E F F2 Wine Suppose a company producing only beer and wine is currently producing somewhere along the PPC curve ABC1D1E,F1. Now suppose the same company experiences a shift in their production possibilities, such that their Production Possibility Curve is now AB2C2DE2F2. Use the graph aboQuestion Completion Status: Whisk 40 30 20 10 0 0 10 20 30 40 50 60 70 80 90 Brandy (litres) The graph above shows the Production Possibility Curve for a company that produces only whisky and brandy. Use the graph above to complete the following sentence: If the company currently produces 50 litres of whisky, then the opportunity cost of 15 additional litres of brandy is v litres of Note that no marks will be awarded unless both choices are correctQuestion Completion Status: A B C O H O Beer D O O OC F Wine The graph above shows the production possibilities from the previous question as a production possibility curve. With reference to the graph, choose the mrinto point for noch of the itama baloonQUESTION 4 Assume you manage a factory that bottles and sells both beer and wine. Because of a bottle shortage, you only have a limited number of bottles and must decide between bottling beer or wine. Your production possibilities are as follows: Possibility Beer (litres) Wine (litres) 75 60 10 45 20 D 30 30 15 40 50 Use the table above to complete the following sentence: The opportunity cost of moving from possibility E to possibility B is litres of Note that no marks will be awarded unless both choices are correct.QUESTION 2 The poultry industry produces many goods, including live chickens, chicken meat and eggs. Goods may be categorised as either "consumer", "capital" or "intermediate" goods depending on how they are used in the production process. Refer to the above article and select the most appropriate type of good for each of the following: Good Type of good Pre-packaged chicken meat sold to butchers Slaughtering plants producing chicken meat Eggs sold to restaurants