Economics Multiple Choice Question – 20 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 represents ……. ?

Select ONE answer:

  1. the maximum levels of production that can be attained.
  2. the maximum amount of resources available at any given time.
  3. combinations of goods and services that do not fully use available resources.
  4. the maximum rate of growth of output possible for an economy.

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 1

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