Economics 0455 · IGCSE · Production possibility curve (PPC) diagrams

Production possibility curve (PPC) diagrams — practice question

The diagram illustrates an original production possibility curve, $\text{PPC}_1$. What is most likely to have brought about the shift of the production possibility curve from $\text{PPC}_1$ to $\text{PPC}_2$?

  • Aa decline in non-renewable resources
  • Ba decline in the opportunity cost of consumer goods
  • Can increase in investment
  • Dan increase in unemployment

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