Economics (AS & A Level) · Oct / Nov 2023 · Paper 12 · Question 1

PPC is the production possibility curve in country T. Which changes take place in country T's opportunity costs of producing X as it increases production of X?

1. AOpportunity costs are constant between points 1 and 2, and between points 3 and 4.
2. BOpportunity costs decrease between points 1 and 2, and increase between points 3 and 4.
3. COpportunity costs decrease between points 1 and 2, and between points 3 and 4.
4. DOpportunity costs increase between points 1 and 2, and between points 3 and 4.

As printed in the paper