Business
Business, 22.07.2019 06:20, Auriieee

Acountry needs to decide if it will defend itself ("guns") or feed its population ("butter"). look at the graph. under what conditions might a country choose point b over point d? a. if the country is at war, it would make sense to favor food production, with an opportunity cost of decreasing defense dramatically.  b. if the country is at war, it would make sense to favor guns, with an opportunity cost of decreasing food production dramatically.  c. if the country is in a famine, it would make sense to favor food production, with an opportunity cost of decreasing defense dramatically.  d. if the country is in a famine, it would make sense to favor guns, with an opportunity cost of decreasing food production dramatically.

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Acountry needs to decide if it will defend itself ("guns") or feed its population ("butter"). look a...

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