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

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Question 1

[Maximum number: 1]

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

Figure for 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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