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1.1 Economic methodology and the economic problem

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Question 70

The diagram below shows the production possibility boundaries for Region Alpha and Region Beta.

Production possibility boundaries for Region Alpha and Region Beta

The opportunity cost of clean energy in terms of electric vehicles:

is greater for Region Beta than for Region Alpha.

is greater for Region Alpha than for Region Beta.

increases as more clean energy is produced.

decreases as more electric vehicles are produced.

1.1 Economic methodology and the economic problem Questions

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