Note AcademyNote Academy
Start

Economics · May / June 2020 · Paper 11 · Question 3

2281Production possibility curve (PPC) diagrams

The diagram shows a production possibility curve (PPC) for an economy that can produce cotton and cars. The economy is at point Q. There is improved technology that can only be used in the production of cars. How would this be represented on this diagram?

  1. Aby a movement from Q to W
  2. Bby a movement from Q to X
  3. Cby a movement from Q to Y
  4. Dby a movement from Q to Z

As printed in the paper

Show the answer

Correct answer: B. by a movement from Q to X

Sit this whole paper →More on Production possibility curve (PPC) diagrams

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.