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Question 216

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Use the following to answer questions :
Figure: Guns and Butter Use the following to answer questions : Figure: Guns and Butter   -(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) indicate increasing opportunity costs for guns but decreasing opportunity costs for butter. C) indicate that society wants butter more than it wants guns. D) indicate constant opportunity costs for guns and increasing costs for butter.
-(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) indicate increasing opportunity costs for guns but decreasing opportunity costs for butter.
C) indicate that society wants butter more than it wants guns.
D) indicate constant opportunity costs for guns and increasing costs for butter.

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