Draw a production possibilities curve showing military goods and civilian goods. Show how you would measure the increased output of military goods. Show how you would measure the cost of this increase in military goods in terms of civilian goods. Why does opportunity cost change the way that it does?

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The Answer of Draw a production possibilities curve showing military goods and civilian goods. Show how you would measure the increased output of military goods. Show how you would measure the cost of this increase in military goods in terms of civilian goods. Why does opportunity cost change the way that it does?

Draw a Production Possibilities Curve Showing Military Goods and Civilian