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Economics (AS & A Level) · Oct / Nov 2024 · Paper 12 · Question 5

9708Production possibility curves

The diagram shows the change in a country's production possibility curve from PQ to PR. What increases as a result of the change from PQ to PR?

  1. Athe price of private goods
  2. Bthe price of public goods
  3. Cthe opportunity cost of private goods
  4. Dthe opportunity cost of public goods

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Correct answer: D. the opportunity cost of public goods

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