A-LevelEconomicsBasic Economic Ideas and Resource AllocationOct/Nov 2018Paper 1 Q21 Mark
The diagram shows an economy's production possibility curve for goods X and Y. [Diagram] What is the opportunity cost of moving from point R to point S on the production possibility curve?
AOX1
BOY2
CX1X2
DY1Y2
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The correct answer is D. This question tests the candidate's understanding of basic economic ideas and resource allocation within the Economicssyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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