3. If society produces 1000 units of butter, how many guns can it
produce?
b. If society is at "b" on the PPC, what is the cost of 1000 more units
of butter?
b
400
Is opportunity cost
greater for move
from "c" to "d"
mpared to a move
from "b" to "C"?
Quantity of guns per period
150
1000 2000
3000
Quantity of butter per period