O-LevelEconomicsThe basic economic problem2281/11 · May/June 2019 · Q21 Mark
The diagram shows a production possibility curve (PPC). [Figure 2.1]
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.
AInternational free trade exists.
BOpportunity cost changes.
CResources are unlimited in supply.
DSome resources will be unemployed.
✓ Correct answer
B: Opportunity cost changes.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The basic economic problem and see which topics are most likely to come up next.
Sign up free →