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Central Problems & the PPC · Question 69 of 87

What shape will the PPC drawn from this table have, and why?

Question 69

HardOriginal question

The table shows an economy's production possibilities.

CombinationWheat (tonnes)Cloth (lakh m)
A020
B118
C215
D311
E46

What shape will the PPC drawn from this table have, and why?

Options for question 69

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Cloth given up per tonne: A→B 2, B→C 3, C→D 4, D→E 5.

  2. A rising MRT gives a curve that gets steeper as wheat rises: concave to the origin.

Concept
Shape from the MRT
Typical time
100 s
Your time
—
The rule this testsOpportunity cost and MRT
Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.