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Question 295

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Use the following to answer question:
Use the following to answer question:   -(Figure: Guns and Butter) Use Figure: Guns and Butter.This production possibility frontier is: A) bowed out because of increasing opportunity costs. B) bowed in because of increasing opportunity costs. C) bowed in because of constant costs of guns and butter. D) linear because of constant costs.
-(Figure: Guns and Butter) Use Figure: Guns and Butter.This production possibility frontier is:


A) bowed out because of increasing opportunity costs.
B) bowed in because of increasing opportunity costs.
C) bowed in because of constant costs of guns and butter.
D) linear because of constant costs.

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