A production possibilities frontier does NOT illustrate ……. ?
Select ONE answer:
- attainable and unattainable points.
- the exchange of one good or service for another.
- the limits on production imposed by our limited resources and technology.
- 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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