: Pearson Edexcel past-paper questions pack

Production possibility frontiers

Past-paper questions pack

Name
Class
Date set
Date due
Score	/ 30

Questions are numbered; the mark schemes (the answer key) follow on separate pages so the question pages can be handed out alone. www.economicsaleveltutor.com

Pearson Edexcel AS and A-level Economics past-paper questions since 2016 · 14 parts · mark schemes follow the questions · www.economicsaleveltutor.com · Questions and mark schemes © Pearson Edexcel

1. June 2025 · AS Paper 1 · Q1(a) · 1 marks ·

(a) Spending on capital goods in the UK rose by 4.8% in Quarter 4, 2022. Which one of the following is an example of a capital good? (1) A A computer B Savings in the bank C Shares in a company D Underground reserves of oil

2. June 2024 · AS Paper 1 · Q2(b) · 1 marks · AO1=1

(b) The diagrams below show movements from position X to Y on production possibility frontiers. In which one of the diagrams does the movement from X to Y illustrate the most likely impact on Madagascar’s economy of a natural disaster such as a cyclone? (1) A B Output of Output of consumer consumer Y Y goods goods X X 0 0 Output of capital goods Output of capital goods C D Output of Output of consumer consumer goods goods Y X X Y 0 0 Output of capital goods Output of capital goods

3. June 2023 · Paper 1 · Q2(a) · 2 marks · AO2=2

(a) Calculate the opportunity cost of the decision by the farmer to harvest 6 units of wheat this year at point Y (movement from point X to point Y). (2)

4. June 2023 · Paper 1 · Q2(b) · 2 marks · AO1=1,AO3=1

(b) Explain the impact on efficiency of producing at point W in the following year. (2)

5. June 2023 · Paper 1 · Q2(c) · 1 marks · AO1=1

(c) Which one of the following would be most likely to help the farmer reach point Z? An increase in (1) A investment in milk production machinery B investment in modern farming technology C the demand for wheat D the price of oats

6. June 2023 · AS Paper 1 · Q5(b) · 1 marks · AO2=1

(b) The diagram shows the production possibility frontier of an economy. Assuming the economy is at point W, annotate the diagram to show the opportunity cost of producing more consumer goods. (1)

7. October 2020 · AS Paper 1 · Q6(b) · 10 marks · AO1=2,AO2=2,AO3=2,AO4=4

According to Extract B, the drop-out rate of students from low-income households is much higher than that of high-income households. (b) Assess the likely impact of these drop-out rates on the allocation of resources within an economy. (10)

8. June 2019 · Paper 1 · Q2(b) · 1 marks · AO3=1

(b) The diagrams show movements from position X to Y on production possibility frontiers. In which one of the diagrams does the movement from X to Y illustrate the most likely impact on the US economy of a natural disaster such as Hurricane Harvey? (1) A B Output of Output of consumer consumer goods goods X Y Y X 0 Output of capital goods 0 Output of capital goods C D Output of Output of consumer consumer goods goods Y Y X X 0 Output of capital goods 0 Output of capital goods

9. June 2018 · Paper 1 · Q1(a) · 2 marks · AO2=2

(a) Calculate the original and the new opportunity cost of producing 50 capital goods. You are advised to show your working. (2)

10. June 2018 · Paper 1 · Q1(b) · 1 marks ·

(b) Which one of the following was the most likely cause of the movement in the production possibility frontier from XY to XZ? (1) A A reduction in unemployment in consumer goods industries B A rise in the cost of producing consumer goods C An increase in demand for consumer goods D A technological improvement in the production of consumer goods

11. June 2018 · Paper 1 · Q1(c) · 2 marks · AO1=1,AO3=1

(c) Explain one characteristic of the economy at position W. (2)

12. June 2018 · AS Paper 1 · Q5(b) · 2 marks · AO2=2

(b) The diagram shows the production possibility frontier for the BBC. Assuming the BBC is at point W, annotate the diagram to show the opportunity cost of providing more educational programmes. (2)

13. June 2017 · AS Paper 1 · Q1(a) · 3 marks · AO1=1,AO2=1,AO3=1

(a) Explain, using marginal analysis from the table above, the concept of opportunity cost. (You may use the last column in answering the question.) (3)

14. June 2017 · AS Paper 1 · Q1(b) · 1 marks ·

(b) Which one of the following is the most likely effect of an economy producing more capital goods? (1) A Reduced specialisation of labour B A shift in the production possibility frontier C A reduction in marginal utility D A shift in demand for consumer goods

Mark schemes

1. June 2025 · AS Paper 1 · Q1(a)

Mark scheme June 2025 Paper 1 Q1(a)

2. June 2024 · AS Paper 1 · Q2(b)

Mark scheme June 2024 Paper 1 Q2(b)

3. June 2023 · Paper 1 · Q2(a)

Mark scheme June 2023 Paper 1 Q2(a)

4. June 2023 · Paper 1 · Q2(b)

Mark scheme June 2023 Paper 1 Q2(b)

5. June 2023 · Paper 1 · Q2(c)

Mark scheme June 2023 Paper 1 Q2(c)

6. June 2023 · AS Paper 1 · Q5(b)

Mark scheme June 2023 Paper 1 Q5(b)

7. October 2020 · AS Paper 1 · Q6(b)

Mark scheme October 2020 Paper 1 Q6(b)

8. June 2019 · Paper 1 · Q2(b)

Mark scheme June 2019 Paper 1 Q2(b)

9. June 2018 · Paper 1 · Q1(a)

Mark scheme June 2018 Paper 1 Q1(a)

10. June 2018 · Paper 1 · Q1(b)

Mark scheme June 2018 Paper 1 Q1(b)

11. June 2018 · Paper 1 · Q1(c)

Mark scheme June 2018 Paper 1 Q1(c)

12. June 2018 · AS Paper 1 · Q5(b)

Mark scheme June 2018 Paper 1 Q5(b)

13. June 2017 · AS Paper 1 · Q1(a)

Mark scheme June 2017 Paper 1 Q1(a)

14. June 2017 · AS Paper 1 · Q1(b)

Mark scheme June 2017 Paper 1 Q1(b)