Using relevant real-world examples throughout your work, describe the four factors of production, and explain using diagrams what is meant by the Production Possibility Frontier (PPF), illustrating and explaining situations where a country is operating wi

•    Introduction: a brief outline what you will be writing about in this essay.

•    The main body of your essay should be to fully describe and explain the theory, using diagrams as necessary, and to apply real examples, evidence/data to illustrate the theory you have written about. 

•    Conclusion: what have you discovered overall?  
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