Shilp of/ACmelmdu . Imagine asociety thatproduces military goods and consumer goods, which we call^guns7/ and butter- a. Draw aproducfion possibilities frontier for guns and butter. Using the concept ofopportunity cost, explain why it most likely hasabowed-out shape- tis impossible for the economy b. Show apoint tha 4 to achieve. Show apoint thatis feasible but inefficient 人 Imagine tfhat the society has two political parties, 【9 called the Hawks (who want astrong military) and the Doves (who wantasmaller military)- Show apointon your production possibilities frontier tfhat the Hawks might choose and apoint that tfhe Doves might choose. . Imagine tfhatan aggressiveneighboring country reduces tfhe size ofits military As aresult. both the Hawks and the Doves reduce their desired producfion of guns by the same amount. Which Party would get the bigger “peace dividend/ measured by the increase in butter production?2 Explain.