(Figure: Guns and Butter) Look at the Figure Guns and Butter.On

Essay

(Figure: Guns and Butter) Look at the figure Guns and Butter.On this figure, points A, B, E, and
F:
A.indicate combinations of guns and butter that society can produce using all of its factors efficiently.
B.show that the opportunity cost of more guns increases but that of more butter decreases.
C.indicate that society wants butter more than it wants guns.
D.indicate constant costs for guns and increasing costs for butter.