Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  3. Economics AQA
  5. Question bank

1.1 Economic methodology and the economic problem

EasyMediumHard
1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283
Question 20

The diagram below shows a production possibility boundary (PPB) for an economy that produces capital goods and consumer goods.

Production possibility boundary (PPB)

From the diagram, it can be concluded that:

Point A is productively efficient and Point B is allocatively efficient.

Point B is productively efficient and Point A is allocatively efficient.

Points A and B are both allocatively efficient.

Points A and B are both productively efficient.

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem