Economics Multiple Choice Question – 21 December 2018

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

A production possibilities frontier does NOT illustrate ……. ?

Select ONE answer:

  1. attainable and unattainable points.
  2. the exchange of one good or service for another.
  3. the limits on production imposed by our limited resources and technology.
  4. opportunity cost.

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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