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History, 25.09.2021 14:00 christianhernan2

Production AlternativeTypes of Production A B C D EButter010121416Guns504030200a. Draw a production possibilities curve for butter and guns using the data above. b. Label the points where the economy would be efficient (F), underutilized (G) and unattainable (H). c. What is the opportunity cost of moving from point A to point B? d. What is the opportunity cost of moving from point B to point C?e. What is the opportunity cost of moving from point D to point E?

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