| “Guns vs. Butter” - a real world example 115 days ago by Jason Welker School kids feel the bite of high food prices - May. 5, 2008 A classic method of teaching the basic economic concept of the production possibilities curve is to illustrate the relationship between a nation’s decision to invest in military goods versus civilian goods. The model typically includes two ... Welker's Wikinomics Blog - welkerswikinomics.com/blog · 17 references |