A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2010 · Q11 Mark
The diagrams show the change in a country's production possibility curve between Year 1 and Year 2. What can be deduced from the diagrams?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
AFuture growth prospects have been harmed.
BThe level of unemployment has fallen.
CThe opportunity cost of consumer goods has risen.
DThe proportionate growth in production is greater in consumer goods.
✓ Correct answer
C: The opportunity cost of consumer goods has risen.
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