Economics 2281 · O Level · Production possibility curve (PPC) diagrams

Production possibility curve (PPC) diagrams — practice question

In 2014, private companies started drilling in parts of the country in order to exploit natural gas supplies that were already known to be there. How could this decision be shown on the diagram that illustrates a production possibility curve for the country?

  • Aby a movement from R to S
  • Bby a movement from R to V
  • Cby a movement from S to T
  • Dby a movement from U to V

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