Economics · May / June 2016 · Paper 11 · Question 1

2281Production possibility curve (PPC) diagrams

The diagram shows an initial production possibility curve of PPC$_1$. What may cause the movement of the production possibility curve from PPC$_1$ to PPC$_2$?

Aa better educated workforce
Ba decrease in availability of raw materials
Cincreased wages
Dlower productivity

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Correct answer: A. a better educated workforce

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