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Economics cover artwork
  1. A Level
  2. Economics AQA

Economics

Economics cover artwork
  1. A Level
  2. Economics AQA
  3. 1.1.5 Production possibility diagrams

1.1.5 Production possibility diagrams

Spec 7136

Revise AQA A Level Economics 1.1.5 Production possibility diagrams with the question bank, lessons, revision guides, and flashcards.

Production possibility diagrams illustrate different features of the fundamental economic problem, such as: resource allocation, opportunity cost and trade-offs, unemployment of economic resources, economic growth. • Why all points on the boundary are productively efficient but not all points on the boundary are allocatively efficient.

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