Economics 9708 · AS & A Level · Production possibility curves

Production possibility curves — practice question

(a)[8]

Using a diagram, explain the reasons for a movement within a production possibility curve (PPC) and a shift of a PPC, and assess how far opportunity cost determines the shape of a PPC.

(b)[12]

Assess whether a shift to the right of a PPC is brought about only by an increase in the quantity of resources.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “AO1 Knowledge and understanding (max 3): The vertical axis is labelled correctly (e.g. Good Y, Consumer Goods, Agricultural Goods).” …

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