1.3.1.4a - use of production possibility frontiers to depict: possibility • the maximum productive
- Syllabus
- 2018
- Objective
- 1.3.1.4
- Level
- AS
The use of production possibility frontiers to depict: possibility; the maximum productive potential of an economy frontiers; efficient or inefficient allocation of resources; possible and unobtainable production; opportunity cost (using marginal analysis); economic growth and decline.
Use a - use of production possibility frontiers to depict: possibility • the maximum productive to connect the rule to the data and decision in the question.
This matters because a - use of production possibility frontiers to depict: possibility • the maximum productive determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply a - use of production possibility frontiers to depict: possibility • the maximum productive to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: a - use of production possibility frontiers to depict: possibility • the maximum productive is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.