A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2016 · Q41 Mark
An economy can produce only two goods at any one time. These are good X and one other good from A, B, C or D. The table shows the outputs of goods A, B, C and D with each output of good X when the economy's resources are fully employed. Which good must be produced with good X to show a production possibility curve with increasing costs? units X 0 100 200 300 400 A 0 20 40 60 80 B 110 70 40 20 0 C 120 90 60 30 0 D 140 120 90 50 0
A0
20
40
60
80
B110
70
40
20
0
C120
90
60
30
0
D140
120
90
50
0
✓ Correct answer
D: 140 120 90 50 0
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