Economics (AS & A Level) · May / June 2025 · Paper 14 · Question 4
9708Production possibility curves
What does a production possibility curve show?
- Athe actual demand in an economy given its existing resources
- Bthe maximum output an economy can achieve using existing resources
- Cthe maximum output an economy can ever achieve
- Dthe minimum combinations of output an economy can achieve
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Correct answer: B. the maximum output an economy can achieve using existing resources
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