Economics (AS & A Level) · Oct / Nov 2024 · Paper 13 · Question 1
9708Production possibility curves
The diagram shows a country's production possibility curve. What can be concluded from the diagram?
- AFood and drink are normal goods.
- BThe country is self-sufficient in the production of food and drink.
- CThe opportunity cost of food falls as more drink is produced.
- DThere is a constant opportunity cost between food and drink.
As printed in the paper
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Correct answer: D. There is a constant opportunity cost between food and drink.
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