The diagram illustrates a production possibility curve for cars and furniture. A recession leads to reduced output of both cars and furniture. Which movement would represent this change?
- AX to W
- BX to Y
- CZ to W
- DZ to Y
Economics 2281 · O Level · Production possibility curve (PPC) diagrams
The diagram illustrates a production possibility curve for cars and furniture. A recession leads to reduced output of both cars and furniture. Which movement would represent this change?