The production possibilities frontier is the boundary between ……. ?
Select ONE answer:
- those combinations of goods and services that can be produced and those that can be consumed.
- those combinations of goods and services that can be produced and those that cannot.
- those resources that are limited and those that are unlimited.
- those wants that are limited and those that are unlimited.
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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