What determines the position and shape of a society's production possibilities frontier?
A)the physical resources of that society
B)the skills of the workforce
C)the level of technology of the society
D)the amount of factories in the society
E)All of the above are correct.

Question

What determines the position and shape of a society's production possibilities frontier?
A)the physical resources of that society 
B)the skills of the workforce 
C)the level of technology of the society 
D)the amount of factories in the society 
E)All of the above are correct.

Quizplus · Accepted Answer

The production possibilities frontier is determined by all factors that affect a society's capacity to produce goods and services, including physical resources, workforce skills, technology, and the number of factories.

What Determines the Position and Shape of a Society's Production