Asked by Nirvana

The economic concept of guns or butter means that
A. a person can spend money on either sports equipment or food.
B. a company must decide whether to manufacture guns or butter.
C. a government must decide to produce more or less military or consumer goods.
D. a government can buy unlimited military and civilian goods if it is rich enough.

I absolutely have no idea...please help.

Answered by Reed
Guns are military equipment. Butter is food. Does a government have to make a choice between the two, or can it do both, have an expensive military AND support the poor?
Answered by Reed
Note that the question's phrase is guns OR butter, not guns AND butter.
Answered by Nirvana
They should be able to do both....especially since all people need food, and we need guns for protection....right?
Answered by Nirvana
So.....B?
Answered by Ms. Sue
Not B.
Answered by Nirvana
Okay...hmmm let me read this more carefully
Answered by Ms. Sue
Yes, C is right.
Answered by Nirvana
Awesome! Thanks for helping me out!
Answered by Ms. Sue
You're welcome.
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