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Shifts in the Production Possibilities Curve

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

All of the following factors impact an economy's production possibility curve except

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1. Provided that other factors remain the same, which of the following would shift an economy's production possibilities curve to the left?

2. Outward shifts (to the right) in the production possibilities curve will result in which of the following?

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About This Quiz & Worksheet

Production possibility curves can be used to understand the efficiency of an economy's production. This quiz/worksheet combo will assess your understanding of the possibility curve, including how it can shift.

Quiz & Worksheet Goals

In these assessments, you'll be tested on:

  • What things can cause a production possibility curve to shift
  • Differentiating between consumer goods and capital goods
  • Characteristics of a production possibility curve

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related economics lesson
  • Distinguishing differences - compare and contrast topics from the lesson, such as consumer and capital goods
  • Knowledge application - use your knowledge to answer questions about production possibility curves

Additional Learning

For more, review the accompanying lesson titled Shifts in the Production Possibilities Curve. This lesson covers the following objectives:

  • Explain the purpose of the production possibilities frontier and its connection with production possibility curves
  • Demonstrate the difference between consumer and capital goods
  • Show how some changes, such as war, can shift the production possibility curve
  • Provide examples of shifts that can occur and what those shifts do to production
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