Quiz-PPC

This quiz is all about production possibility curves. You can read the tutorial here.

Man-made and natural disasters can shift or rotate the PPC ____________.

 
 
 
 

The downward slope of the PPC represents the _______________.

 
 
 
 

Why might a curved PPC be more realistic than a PPC that is a straight line?

 
 
 
 

ppc10
What could be the reason for the movement shown in this diagram?

 
 
 
 

ppc8
What is illustrated by a move from point D to any point on the PPC?

 
 
 
 

ppc5
What is the opportunity cost of increasing the production of product B from 40 to 60 units?

 
 
 
 

ppc3
Which point on this PPF is unattainable in the short-run?

 
 
 
 

ppc2
What is the opportunity cost of moving from point G to Point C?

 
 
 
 

Different points of PPF denote alternative combination of ________ commodities that the country can choose to produce.

 
 
 
 

In general, along a production possibilities frontier which is a straight line, the marginal opportunity cost is _________________.

 
 
 
 

Question 1 of 10

Categories Uncategorized

Leave a Comment