Solved

FIGURE 1- 1 with a Budget of $200 Million,the Government Can Choose to Can

Question 17

Multiple Choice

FIGURE 1- 1
With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway.
FIGURE 1- 1 With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway.    -Refer to Figure 1- 1.For the government,the opportunity cost of one kilometre of highway repair is A) 1 search and rescue helicopter. B) 1/50 of a search and rescue helicopter. C) 1/100 of a search and rescue helicopter. D) 1/10 of a search and rescue helicopter. E) 1/2 of a search and rescue helicopter.
-Refer to Figure 1- 1.For the government,the opportunity cost of one kilometre of highway repair is


A) 1 search and rescue helicopter.
B) 1/50 of a search and rescue helicopter.
C) 1/100 of a search and rescue helicopter.
D) 1/10 of a search and rescue helicopter.
E) 1/2 of a search and rescue helicopter.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions