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A-LevelEconomicsBasic economic ideas and resource allocation9708/32 · May/June 2017 · Q31 Mark

The diagram shows the production possibility curve for an economy. [Figure 3.1]

  1. The diagram shows the production possibility curve for an economy. [Figure 3.1] What might make it possible for consumers in this economy to consume the combination of goods X and Y indicated by the point L? A a reduction in unemployment B the achievement of productive efficiency C the elimination of a monopoly in the production of good X D trade with other economies[1]

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Mark scheme

Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.

  1. [1] D

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, May/June 2017 Paper 3 Variant 2, question 3.

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