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O-LevelEconomicsThe basic economic problem2281/12 · Oct/Nov 2024 · Q31 Mark

The diagram shows a production possibility curve (PPC) for an economy that produces two goods, X and Y. Which point shows the greatest opportunity cost of producing one more unit of good X?

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AA

BB

CC

DD

✓ Correct answer

C: C

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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 2024 Paper 1 Variant 2, question 3.

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