Economics 9708 · AS & A Level · Production possibility curves

Production possibility curves — practice question

(a)[8]

Explain how microeconomic and macroeconomic issues can be shown with production possibility curves.

(b)[12]

Discuss whether money or the division of labour is likely to have played the bigger role in economic progress.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Knowledge of the micro/macro distinction and ppc” …

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