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Opportunity cost: OCR A‑Level Economics questions

Every OCR A-Level Economics exam question on 1.3 Opportunity cost, 2021–2025, with its mark scheme and examiner’s report.

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478 questions

  1. Q2

    June 2025 · Paper 3

    The whole paper ↗
    June 2025 Paper 3, question 2: In the diagram what represents the opportunity cost of increasing production of wheat from W1 to W2? Corn C1 C2 C3 O W1 W2 W3 Wheat A C1 to C2 B C1 to C3 C C2 t
    Your answer
  2. Q2

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 2: The table shows the production possibility curve for a country that produces capital and consumer goods. Capital goods Consumer goods (million units) (million u
    Your answer
  3. Q4

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 4: Which of these would cause a shift outwards of the production possibility curve? A Decrease in productivity B Increase in unemployment C Technological improveme
    Your answer
  4. Q15

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 15: Opportunity cost is useful as it shows the value of: A all the choices available B the choice given up C the choice of scarce resources D the choice that the co
    Your answer
  5. Q18

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 18: 18* Norway devoted more of its resources to the output of capital goods in 2022. This had an impact on the country’s output of consumer goods. Evaluate, using a
  6. Q2

    June 2024 · AS Paper 1

    The whole paper ↗
    June 2024 AS Paper 1, question 2: The diagram shows the production possibility curve for a country that produces computers and cars. Quantity of computers produced 3000 Y 2000 X 1500 0 600 800 1
    Your answer
  7. Q17

    June 2023 · Paper 3

    The whole paper ↗
    June 2023 Paper 3, question 17: Output in an economy moves from point X to point Y in the diagram. What does this represent? Capital goods Y X PPC 0 Consumer goods A An increase in allocative
    Your answer
  8. Q4

    June 2023 · AS Paper 1

    The whole paper ↗
    June 2023 AS Paper 1, question 4: Opportunity cost is defined as the value of: A all alternative goods foregone B the cost of other goods and services C the cost imposed on a third party D the n
    Your answer
  9. Q12

    June 2022 · Paper 3

    The whole paper ↗
    June 2022 Paper 3, question 12: What does the shift of the PPC from PPC1 to PPC2 in the diagram below show? Good B PPC2 PPC1 0 Good A A A fall in the production of good A B A fall in the produ
    Your answer
All 9 questions on Opportunity cost, as a list
  1. June 2025, Paper 3, Q2 (1 mark): In the diagram what represents the opportunity cost of increasing production of wheat from W1 to W2? Corn C1 C2 C3 O W1 W2 W3 Wheat A C1 to C2 B C1 to C3 C C2 t
  2. June 2025, AS Paper 1, Q2 (1 mark): The table shows the production possibility curve for a country that produces capital and consumer goods. Capital goods Consumer goods (million units) (million u
  3. June 2025, AS Paper 1, Q4 (1 mark): Which of these would cause a shift outwards of the production possibility curve? A Decrease in productivity B Increase in unemployment C Technological improveme
  4. June 2025, AS Paper 1, Q15 (1 mark): Opportunity cost is useful as it shows the value of: A all the choices available B the choice given up C the choice of scarce resources D the choice that the co
  5. June 2025, AS Paper 1, Q18 (20 marks): 18* Norway devoted more of its resources to the output of capital goods in 2022. This had an impact on the country’s output of consumer goods. Evaluate, using a
  6. June 2024, AS Paper 1, Q2 (1 mark): The diagram shows the production possibility curve for a country that produces computers and cars. Quantity of computers produced 3000 Y 2000 X 1500 0 600 800 1
  7. June 2023, Paper 3, Q17 (1 mark): Output in an economy moves from point X to point Y in the diagram. What does this represent? Capital goods Y X PPC 0 Consumer goods A An increase in allocative
  8. June 2023, AS Paper 1, Q4 (1 mark): Opportunity cost is defined as the value of: A all alternative goods foregone B the cost of other goods and services C the cost imposed on a third party D the n
  9. June 2022, Paper 3, Q12 (1 mark): What does the shift of the PPC from PPC1 to PPC2 in the diagram below show? Good B PPC2 PPC1 0 Good A A A fall in the production of good A B A fall in the produ

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