Use the Following to Answer Question(s)

question 67

Multiple Choice

Use the following to answer question(s) :
Exhibit: Guns and Butter

-(Exhibit: Guns and Butter) 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 as more of each good is produced..
• C) indicate that society wants butter more than guns.
• D) indicate constant costs for guns and increasing costs for butter.