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Economics (AS & A Level) · Feb / March 2024 · Paper 12 · Question 1

9708Production possibility curves

Why does a production possibility curve exist for every economy?

  1. AResources are unlimited.
  2. BResources have alternative uses.
  3. CSome resources can be imported.
  4. DSome resources may be unemployed.

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Correct answer: B. Resources have alternative uses.

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