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Social Science Building Blocks in Economics: The Problem of Choice Class 9 MCQ and Assertion Questions

Short Quiz · Class 9 · Social Science · CBSE

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Chapter 8 - Building Blocks in Economics: The Problem of Choice | 5 questions | about 4 minutes

Practise Building Blocks in Economics: The Problem of Choice Class 9 with Teachoo's Short Quiz (Class 9 · Social Science · CBSE). Practise these questions in a free interactive quiz with answer feedback.

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Question 1 of 5
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Question 1 of 5
Why is every point on the Production Possibility Curve considered the maximum output that can be produced?
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Question 2 of 5
What does every point on the PPC show about the relationship between the two goods?
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Question 3 of 5
The chapter gives the example of wanting a bicycle, then a bike, then a car. Which of the following BEST explains why this example is included?
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Question 4 of 5

Assertion (A): A student cannot buy both a new phone and save for a holiday with the same pocket money.

Reason (R): Human wants are unlimited, but resources such as money are limited.

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Question 5 of 5
Five copies of a new storybook are available in a school library, but 20 students want to read it. Which concept does this situation illustrate?
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