In Using a Guns and Butter Production Possibilities Curve with Increasing

question 132

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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Progress in technology that leads to new inventions and improvements in tools, systems, and processes impacting various aspects of life.

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A simple communication device made by connecting two cups or cans with a string, used to transmit sound over a short distance.

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Portable electronic devices that allow for voice and data communication over cellular networks.