A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2016 · Q31 Mark
The change from WX to YZ in a country's production possibility curve is shown. [Figure X.X] What could have caused this shift?
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.
Aan increase in employment among the existing labour force
Ban increase in the rate of interest
Cthe closing of an inefficient factory
Dthe discovery of a new resource
✓ Correct answer
D: the discovery of a new resource
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