Economics Multiple Choice Question – 23 December 2018

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

Which of the following statements regarding the production possibilities frontier is true?

Select ONE answer:

  1. Points on the frontier are less efficient than points inside the frontier.
  2. Points inside the frontier are attainable.
  3. Points outside the frontier are attainable.
  4. None of the above because all of the above statements are false.

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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