DP Economics
Question 21M.3.HL.TZ0.1a
Date | May 2021 | Marks available | [Maximum mark: 1] | Reference code | 21M.3.HL.TZ0.1a |
Level | HL | Paper | 3 | Time zone | TZ0 |
Command term | Identify | Question number | a | Adapted from | N/A |
a.
[Maximum mark: 1]
21M.3.HL.TZ0.1a
Figure 1 illustrates the production possibilities for rice and pencils in Country H. Resources in Country H are fully employed.
Figure 1
(a)
Assuming that 25 000 pencils are produced initially, identify the opportunity cost for Country H if the production of rice is to be increased by 100 %.
[1]
Markscheme
15 000 pencils
OR 750 pencils per kg of rice
An answer of 15 000 pencils or 15 000 or 750 is sufficient for [1].
Examiners report
Candidates struggled to respond accurately to the question by recognizing that rice production would increase from 20 to 40 kg (100 % increase). Candidates were expected to identify the initial and final combination of rice and pencils.
