Day: December 21, 2021

What is correct at any point along an economy’s production possibility curve?

Select ONE answer:

1. existing resources are fully employed – correct & existing technology is fully used – correct
2. existing resources are fully employed – correct & existing technology is fully used – false
3. existing resources are fully employed – false & existing technology is fully used – correct
4. existing resources are fully employed – false & existing technology is fully used – false

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 1

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

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