CAIE IGCSE Economics 1.4.2 Points Under on and Beyond a Ppc Questions
Practise Cambridge IGCSE Economics by interpreting production possibility curves, output combinations and curve shifts.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Practise Cambridge IGCSE Economics by interpreting production possibility curves, output combinations and curve shifts.
A country is producing at point X on its production possibility curve (PPC) which shows how it can allocate its production between capital goods and consumer goods.
A period of recession then causes some of its factories to close.
Which point could represent the country's new position?
C