Economics · Oct / Nov 2025 · Paper 22 · Question 2
2281
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The question as text
Some markets in Belgium are in equilibrium. The country produces a wide range of goods and services with different degrees of price elasticity of demand. The Belgian Government wants the economy to move to a production possibility point beyond its current production possibility curve (PPC). Belgium’s scientific industry is one industry which is doing well. Workers in this industry are highly specialised.
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2(a)[2]
2(b)[4]
2(c)[6]
2(d)[8]
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