A-LevelEconomicsBasic Economic IdeasMay/June 2011Paper 1 Q301 Mark
The diagram shows the production possibility curves of two economies, X and Y. Which statement about the two economies is correct?
ABoth economies always have the identical opportunity costs.
BBoth economies have the same future growth prospects.
CThe opportunity costs are constant in both economies.
DThe two economies can never produce the same combination of products.
✓ Correct Answer
The correct answer is C: The opportunity costs are constant in both economies.
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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