Economics Multiple Choice Question – 19 December 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

The production possibilities frontier illustrates ……. ?

Select ONE answer:

  1. all goods that can be produced by an economy.
  2. all goods and services that are desired but cannot be produced due to scarce resources.
  3. the combination of goods and services that can be produced efficiently.
  4. all possible production of capital goods.

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 3

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