Question: 10. Using the following table, answer the questions: a. What are the assumptions for a given production possibilities curve? b. What is the opportunity cost

10. Using the following table, answer the questions:

Combinations A B C D E Guns 1 2 3 4 5

a. What are the assumptions for a given production possibilities curve?

b. What is the opportunity cost of one gun when moving from point B to point C? When moving from point D to point E?

c. Do these combinations demonstrate constant or increasing opportunity costs?

Combinations A B C D E Guns 1 2 3 4 5 Butter 20 18 14 8 0

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