Which of the following statements regarding the production possibilities frontier is true?
Select ONE answer:
- Points on the frontier are less efficient than points inside the frontier.
- Points inside the frontier are attainable.
- Points outside the frontier are attainable.
- 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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