Note AcademyNote Academy
Start

Economics · Oct / Nov 2020 · Paper 13 · Question 3

2281Production possibility curve (PPC) diagrams

The diagram shows the production possibility curve (PPC) of an economy producing at point X. What would be the opportunity cost of moving from point X to produce only consumer goods?

  1. A60 units of consumer goods
  2. B70 units of capital goods
  3. C100 units of capital goods
  4. D180 units of consumer goods

As printed in the paper

Show the answer

Correct answer: B. 70 units of capital goods

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.