CAIE A-Level Economics AS 1.5.4 Position Within a Ppc Questions

Practise interpreting positions on, inside and outside a production possibility curve to explain efficiency, unemployment, resource use and output using CAIE Economics AS…

Exam points

Interpret positions on, inside and outside a production possibility curve in terms of productive efficiency, resource utilisation, attainable output, unemployment and opportunity cost.

[Maximum number: 1]

The diagram shows three production possibility curves (PPC) for a country, labelled 3, 2 and 1. The original PPC for the country is 2 .

This country experiences a fall in its working population and then this is followed by a long period of recession.

Figure for Question CAIE A-Level Economics AS 1.5.4 Position Within a Ppc Questions question 1 — CAIE A-Level Economics AS

If an increase in GDP then takes place, what is the increase in production?

r to s

r to u

s tot

t to u

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CAIE A-Level Economics AS 1.5.4 Position Within a Ppc Questions question 1