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Edexcel A-Level Economics AS 1.3.1 4a Use of Production Possibility Frontiers to Depict Possibility the Maximum Productive Questions

Practise PPF questions by classifying output points, calculating opportunity cost between combinations and drawing shifts that represent economic growth or decline.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
AS

Exam points

  • classify PPF points as efficient, inefficient or unobtainable from current resources
  • calculate the opportunity cost of movements between consumer- and capital-goods combinations
  • draw and label an outward or inward PPF shift to show economic growth or decline

Edexcel A-Level Economics AS 1.3.1 4a Use of Production Possibility Frontiers to Depict Possibility the Maximum Productive Questions question 1

[Maximum number: 1]

The diagram shows the production possibility frontier for an economy currently operating at point X .

Figure for Question Edexcel A-Level Economics AS 1.3.1 4a Use of Production Possibility Frontiers to Depict Possibility the Maximum Productive Questions question 1 — Edexcel A-Level Economics AS

Which one of the following can be deduced from the diagram?

A

Point Z is unobtainable when using all available resources

B

Point Y would generate higher economic growth than point X

C

The movement from point X to point Y has an opportunity cost of 50 capital goods

D

The movement from point X to point Y has an opportunity cost of 25 consumer goods

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