A Level Economics (9708)•9708/11/O/N/18

Explanation
Opportunity Cost via PPC Slope
Steps:
- Opportunity cost of cars is trucks forgone per additional car, measured by the PPC's slope magnitude.
- Examine each economy's PPC slope where production shifts from trucks to cars.
- Identify the flattest slope (smallest absolute value) among A, B, C, D.
- Select the economy with that slope for lowest opportunity cost.
Why A is correct:
- Economy A's PPC has the shallowest slope, per the law of increasing opportunity costs, sacrificing fewest trucks per car.
Why the others are wrong:
- B: Steeper slope than A, higher trucks forgone per car.
- C: Even steeper slope, increasing opportunity cost further.
- D: Steepest slope, highest opportunity cost for cars.
Final answer: A
Topic: Production possibility curves
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