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Edexcel IGCSE Economics 1.1.1 D Interpreting Production Possibility Curves Questions

Practise PPC-interpretation questions by classifying points, calculating opportunity cost and drawing output movements between goods.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • Interpret PPC points as obtainable, unobtainable, fully employed or unemployed resources.
  • Calculate opportunity cost from a PPC when output of consumer goods increases.
  • Draw and label a PPC movement showing more of one good and less of another.

Edexcel IGCSE Economics 1.1.1 D Interpreting Production Possibility Curves Questions question 1

[Maximum number: 1]

Which one of the following does a point on a production possibility curve (PPC) represent?

A

Where capital goods should be produced

B

How the production of all goods can be increased

C

Government revenue from production

D

A given amount of resources being fully employed

Andreas is a plumber. Unlike his competitors, he is prepared to work at the weekend. However, he charges customers 50\% more for his services at the weekend.

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