Draw a graph showing a production possibilities frontier

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Reference no: EM133227246

Question: Draw a graph showing a production possibilities frontier for the goods "guns" and "butter". Label the graph. label or explain where efficient and inefficient points are. Explain what are the possibleproduction areas and the impossible production areas. Lastly, explain how government policy could be changed to achieve an impossible production point and make it possible.

Reference no: EM133227246

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