The production possibilities frontier ……. ?
Select ONE answer:
- refers to the technology used in such goods as computers and military aircraft.
- marks the boundary between attainable combinations of goods and services and unattainable combinations.
- once applied to U.S. technology but now refers to Japanese technology.
- is also called the supply curve.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS5 classes.
The answer is 2
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