O-LevelEconomicsThe basic economic problem2281/11 · May/June 2016 · Q11 Mark
The diagram shows an initial production possibility curve of PPC1. [Figure 1.1] What may cause the movement of the production possibility curve from PPC₁ to PPC2?
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.
Abetter educated workforce
Bdecrease in availability of raw materials
Cincreased wages
Dlower productivity
✓ Correct answer
A: better educated workforce
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