Economics 9708 · AS & A Level · Production possibility curves

Production possibility curves — practice question

The diagram illustrates the production possibility curve of an economy. What could allow consumers in this economy to enjoy the combination of goods X and Y shown by point L?

  • Aa reduction in unemployment
  • Bthe achievement of productive efficiency
  • Cthe elimination of a monopoly in the production of good X
  • Dtrade with other economies

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI