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Incorporating the PPF's elucidate on the statement.

2006-07-08 22:18:38 · 2 answers · asked by Anonymous in Social Science Economics

2 answers

Well, I did a lot of sacrifices ... I am almost 46 years old and ... I still don't see the light at the end of the tunnel. And your point is?

2006-07-09 08:21:49 · answer #1 · answered by Angela B 4 · 0 0

The PPF is a dead giveaway. This question involves tradeoffs between Kapital goods and Consumption goods.

Think of the classical guns and butter problem:

We don't have any butter, but I ask you.
Which would you rather produce, guns or butter?
Guns make us strong.
Butter merely makes us fat.
Guns?
Butter?

2006-07-12 12:37:06 · answer #2 · answered by Veritatum17 6 · 0 0

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