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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2012 · Q21 Mark

In the diagram the original production possibility curve is LM. [Diagram] What might cause the curve to shift to NP?

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Ahigher retirement age
Breallocation of resources
Cthe depletion of natural resources
Dthe underemployment of resources

✓ Correct answer

C: the depletion of natural resources

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2012 Paper 1 Variant 2, question 2.

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