PPC/PPF

PPC/PPF

9th - 12th Grade

15 Qs

quiz-placeholder

Similar activities

Scarcity, Opportunity Cost and PPC_2025

Scarcity, Opportunity Cost and PPC_2025

12th Grade

16 Qs

Economics 1 Quizs

Economics 1 Quizs

12th Grade

20 Qs

AP Microeconomics Unit 1 Review

AP Microeconomics Unit 1 Review

12th Grade - University

10 Qs

Chapter 1 Quiz

Chapter 1 Quiz

11th Grade

12 Qs

Formative Production Possibilities curve

Formative Production Possibilities curve

12th Grade

20 Qs

McEachern Contempory Economics Chapter 2.2

McEachern Contempory Economics Chapter 2.2

12th Grade

11 Qs

Consumer equilibrium

Consumer equilibrium

11th - 12th Grade

20 Qs

Economics Quiz: The Central Economic Problem

Economics Quiz: The Central Economic Problem

12th Grade

15 Qs

PPC/PPF

PPC/PPF

Assessment

Quiz

Other

9th - 12th Grade

Medium

Created by

Michael Johnson

Used 459+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the production possibilities curve?
a graph that shows how much an economy can produce between 2 goods
how much money something is
the opportunity one has to give up in order to gain something else
land, labor, capital, entrepreneurs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
The opportunity cost of increasing production from 7 to 9 trucks is
Scarcity
2 boats
2 trucks
3 boats

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following would consumers MOST OFTEN need to consider when trying to make a rational economic decision? 
The impact of government subsidies
Potential opportunity costs
Factors of Productions
Net Exports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
The opportunity cost of increasing production from 4 to 7 boats is
1 boat
2 boats
2 trucks
3 trucks

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If a natural disaster strikes, the production possibilities curve can shift
No shift
To the left
To the right
Outward on one axis only

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a mass immigration occurs, the production possibilities curve can shift
No shift
To the left
To the right
Outward on one axis only

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What can cause a production possibilities curve to move to the right?
thousands of people move out of the country
an epidemic kills thousands of young men and women
a new invention lowers the cost of production
the population is growing increasingly old

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?