3.1 Why is the supply of land fixed? (1x
3.2 Explain the term real wage.
3.3 How is GNI calculated?
3.4 Why do people with scarce skills receive higher wages?
(1 x
3.5 How will the price of a product impact on the profits of the entrepreneur? (1 x 2)
3.6 How effective is government in promoting the role of community participation?
3.7 Why are resources so important in the production process?
3.8 Why is it important for government to use the procurement system?
3.9 How does wealth differ from income?
3.10 Why is the primary sector important to the South African economy? (1x
3.11 Why is community participation important?
(1x
3.12 What do you think Affirmative Action means?
(1x
(1x​