The production possibilities frontier
Economics & Finance · Foundations
About this practice set
The production possibilities frontier is part of Economics & Finance (Foundations). Questions are generated with new numbers each time you practise. Levels available: Easy. After you answer, an explanation is shown.
Example questions
A taste of what you will practise. Answers are revealed after you try.
Easy
An economy can produce at most 63 units of good A or 74 units of good B. What is the opportunity cost of one unit of A (in units of B)?