A-level Paper 1, June 2018Markets and Business Behaviour
A-level Paper 1, June 2018, Q1(a)
Calculate the original and the new opportunity cost of producing 50 capital goods. You are advised to show your working.
Short answerCalculate2 marks
Context
The diagram refers to production possibility frontiers for a country that produces capital goods and consumer goods. X 100 Output of capital goods …