Question 1
The diagram shows a country's production possibility curve (PPC). The country produces at point X. What does point X show?
IGCSE Economics, 2027 syllabus.
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Six topics, two papers
1. The basic economic problem
2. The allocation of resources
3. Microeconomic decision-makers
4. Government and the macroeconomy
5. Economic development
6. International trade and globalisation
| Paper | Time | Marks | Weight |
|---|---|---|---|
| Paper 1 | 1 hour | 40 marks | 30% |
| Paper 2 | 2 hours | 80 marks | 70% |