DP Economics
Question 20N.3.HL.TZ0.2f.ii
Date | November 2020 | Marks available | [Maximum mark: 2] | Reference code | 20N.3.HL.TZ0.2f.ii |
Level | HL | Paper | 3 | Time zone | TZ0 |
Command term | Determine | Question number | f.ii | Adapted from | N/A |
f.ii.
[Maximum mark: 2]
20N.3.HL.TZ0.2f.ii
A worker in Country J can produce either 12 kilograms (kg) of rice or 4 kg of wheat per hour. A worker in Country H can produce either 14 kg of rice or 7 kg of wheat per hour.
(f.ii)
Using the data and the concept of opportunity costs to support your answer, determine which good Country H should specialize in. You must give a reason for your choice.
[2]
Markscheme
Examiners report
Although the majority of candidates were able to identify that Country H should specialize in wheat, weaker students mistakenly compared Country H's opportunity cost of producing wheat with its opportunity cost of producing rice, which is simply the reciprocal and thus meaningless.
