A-LevelEconomicsBasic Economic Ideas / Production Possibility CurvesFeb/Mar 2023Paper 1 Q41 Mark
The diagram shows the production possibility curve for wheat and corn. [Figure: Production Possibility Curve]
AAs the price of corn falls, more of it is demanded.
BResources used in producing corn are more efficient than in producing wheat.
CThe opportunity cost of producing corn falls when moving from M to N.
DThe opportunity cost of producing corn is constant when moving from M to N.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of basic economic ideas / production possibility curves within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep