The diagram shows an initial production possibility curve of $$\(\mathrm{PPC}_{1}\)$$. What is likely to have caused the movement of the production possibility curve $$\(\mathrm{PPC}_{1}\)$$ to $$\(\mathrm{PPC}_{2}\)$$ ?
A.
a decline in non-renewable resources
B.
a decline in the opportunity cost of consumer goods
C.
an increase in investment
D.
an increase in unemployment
Exam No：0455_m25_qp_12 Year：2025 Question No：3
Answer:
A
Knowledge points:
1.4.1 definition of PPC, , drawing and interpretation of appropriate diagrams.
1.4.2 The significance of the location of production points. points under, on and beyond a PPC
1.4.3 movements along a PPC
1.4.4 shifts in a PPC and The causes and consequences of shifts in a PPC in terms of an economy’s growth.
Solution:
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