Cambridge AS & A Level Economics
1.5Production possibility curves
Production possibility curves in Cambridge AS & A Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic21 practice questions1 lesson
Learning objectives
What the syllabus expects you to be able to do.
- 1.5.1Explain the nature and meaning of a production possibility curve.
- 1.5.2Explain the shape of the PPC: constant and increasing opportunity costs.
- 1.5.3Explain the causes and consequences of shifts in a PPC.
- 1.5.4Explain the significance of a position within a PPC.
Lessons
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Production possibility curves: shapes, shifts and limits
40 min
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Sample question
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