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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Feb/Mar 2022 · Q41 Mark

The production possibility curves (PPCs) show the abilities of four economies to produce wheat and rice. Which PPC has the lowest opportunity cost for producing wheat? [Figure 4]

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AA
BB
CC
DD

✓ Correct answer

B: B

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Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2022 Paper 1 Variant 2, question 4.

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