Express problems clearly. Give an example of a "guns or butter" trade-off your school or local government might have to make. Describe the issues on each side

Question

Emely Delgado

History

23 September, 13:22

Express problems clearly. Give an example of a "guns or butter" trade-off your school or local government might have to make. Describe the issues on each side

+4

Answers (1)

Know the Answer?

Genesis Burch · Answer 1

Suppose that the local school has $1,000 dollars. It can invest those $1,000 dollars to either buy 5 surveillance cameras each costing $200, or to buy 10 brand new textbooks for the library, each costing $100.

The school is facing a trade-off between buying surveillance cameras (guns), or textbooks (butter).

If the school only buys surveillance cameras, it will not have money to buy any textbooks, and viceversa.

The school board chooses the middle ground and buys 2 surveillance cameras for $400, and 6 textbooks for $600. Now, it does not have as many surveillance cameras as possible, or as many textbooks as possible, but it has a bit of both goods.