The economy is currently at point X on its production possibility curve (PPC). A drought cuts agricultural output by a large amount. Which point shows the new position?
- AA
- BB
- CC
- DD
Economics 0455 · IGCSE · Production possibility curve (PPC) diagrams
The economy is currently at point X on its production possibility curve (PPC). A drought cuts agricultural output by a large amount. Which point shows the new position?