A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2023 · Q11 Mark
PPC is the production possibility curve in country T. Which changes take place in country T's opportunity costs of producing X as it increases production of X?
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AOpportunity costs are constant between points 1 and 2, and between points 3 and 4.
BOpportunity costs decrease between points 1 and 2, and increase between points 3 and 4.
COpportunity costs decrease between points 1 and 2, and between points 3 and 4.
DOpportunity costs increase between points 1 and 2, and between points 3 and 4.
✓ Correct answer
D: Opportunity costs increase between points 1 and 2, and between points 3 and 4.
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