Economics Multiple Choice Question – 27 April 2021

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

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What does a production possibility curve show?

Select ONE answer:

  1. the maximum output that can be produced by a firm in a year
  2. the maximum output that can be produced per worker per year in the economy
  3. the maximum output that could be exported from a country
  4. the maximum output of two or more goods in an economy from a given amount of inputs

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct

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