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O-LevelEconomicsThe basic economic problem2281/12 · Oct/Nov 2022 · Q31 Mark

The diagram shows a production possibility curve (PPC) and a number of output combinations for tea and coffee. [Figure 3.1] Which combinations of tea and coffee could the economy currently produce?

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AU, V, W, X
BU, V, X, Y
CU, V, X, Z
DV, X, Y, Z

✓ Correct answer

B: U, V, X, Y

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About this question

Topic
The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2022 Paper 1 Variant 2, question 3.

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