1.4.3 Movements along a PPC
1.4.3 - Movements along a PPCThis section of the syllabus requires students to understand movements along a PPC and opportunity cost.In the above diagram, we can see the following:The economy can choose to produce only consumer goods (point A), but the opportunity cost of this would mean there are zero producer products.By contrast, the economy could choose to produce only producer products, (point B), but this would...
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