Cambridge IGCSE Economics practice

Paper 2 structured question: Production possibility curve (PPC) diagrams

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Production possibility curve (PPC) diagrams

Exam-style question

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Paper 2Structured Questions3 marks

An economy's PPC has shifted outward due to technological advancements.

Description

The outward shift indicates increased production capacity for both goods.

a
Explain What does the outward shift of the PPC signify?
Your answer
Aim for approximately 3 distinct marking points.
[3]

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Paper 2Structured Questions1 marks

Diagram Description

The PPC shows the trade-offs between the production of cars and computers.

a
State What does a point on the PPC represent?
Your answer
Aim for approximately 1 distinct marking point.
[1]