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1.1 Economic methodology and the economic problem

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Question 75

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

Production possibility boundaries for Country Alpha and Country Beta

The opportunity cost of wind turbines in terms of solar panels:

is greater for Country Alpha than for Country Beta.

is greater for Country Beta than for Country Alpha.

increases for both countries as more wind turbines are produced.

decreases for both countries as more solar panels 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