AQA A Level · 7136 · Paper 1: Markets and market failure
4.1.1.5 Production Possibility Diagrams
Also AQA AS 7135: 3.1.1.5
Everything you need for questions on production possibility diagrams, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- What a PPF shows
- Opportunity cost on a PPF
- Shifts of the PPF
- Capital vs consumer goods
- A classic chain
- Classic question: is producing on the PPF always the best outcome?
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Move along, and inside, the frontier
- Opportunity cost from a PPF
- Movements and shifts
- Invest now, consume later?
- Reading the PPF critically
- Build the chain
- Exam practice
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