Economics 9708 · AS & A Level · Production possibility curves

Production possibility curves — practice question

What labels could be shown on a production possibility curve diagram?

  • AY (vertical) axis: capital input; X (horizontal) axis: labour input
  • BY (vertical) axis: cost of production; X (horizontal) axis: quantity produced
  • CY (vertical) axis: output of rice; X (horizontal) axis: labour input
  • DY (vertical) axis: output of rice; X (horizontal) axis: output of sugar

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