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In Using a Guns and Butter Production Possibilities Curve with Increasing

Question 49

Multiple Choice

In using a guns and butter production possibilities curve with increasing opportunity cost,producing more and more tanks


A) Lowers the cost of each individual tank.
B) Can be done at a constant opportunity cost.
C) Requires us to give up larger and larger amounts of butter per tank produced.
D) Is not possible due to scarcity.

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