The table below shows the maximum daily production possibilities for a regional manufacturing plant producing Electric SUVs and Hydrogen Sedans.
| Output of Electric SUVs | Output of Hydrogen Sedans |
|---|---|
| 0 | 150 |
| 15 | 105 |
| 30 | 70 |
| 45 | 45 |
| 60 | 25 |
It can be concluded from the table that, as the production of Electric SUVs increases, the opportunity cost of such production, in terms of Hydrogen Sedans:
rises.
falls.
remains constant.
falls and then rises.
123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.