The table below shows the production possibilities for Product X and Product Y for a hypothetical country.

Production X Product Y

0 12

1 10

2 8

3 6

4 4

5 2

6 0

1. Calculate the following :

1.1 the production possibilities line equation in terms of Y. (6)

1.2 what is the opportunity cost of one more unit of Product Y at two(2) units of Product X and eight(8) units of Y? (2)

2. Using the concept of the production possibilities curve, explain whether it is possible to produce five(5) units of Product X and ten(10) units of Product Y. (4)

3. Is it possible that a country could produce at the end points, i. e.,X units and zero units of Y or Y units and zero units of X? Is such a combination allocative efficient? Support your answer. (2)