IB skill practice

Explain scarcity, choice, opportunity cost, and PPCs

Economics SL skill with original exam-style diagram and data-response seeds.

Paper 1, Paper 2 5 marks Difficulty 2

Interpret movement along a PPC

A production possibilities diagram in a local Australian renewable energy example shows an economy moving from more consumer goods to more capital goods on the curve. Explain what the movement means. Use the labelled diagram, data, or extract evidence before writing the answer. Enter the answer and choose the interpretation that best matches the economic evidence.

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