O-LevelEconomicsThe basic economic problem2281/12 · May/June 2024 · Q31 Mark

The diagram shows a country's production possibility curve (PPC). [Diagram of PPC with points P, R, U, S, V, Q]. Which current combination of capital and consumer goods would produce the greatest number of consumer goods in the future?

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AO and Q

BP and O

CR and S

DU and V

✓ Correct answer

B: P and O

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Topic: The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2024 Paper 1 Variant 2, question 3.

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