Multiple Choice
Why is the opportunity cost of gasoline in Canada higher than in the United States when measured by "Minutes Worked per Kilometre Driven"
A) The fuel economy in the two countries is different.
B) Gas prices are lower and average wages are higher in the United States.
C) Both gas prices and average wages are higher in the United States.
D) Both gas prices and average wages are lower in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
Q45: What happens when the government attempts to
Q84: For society, when is a good NOT
Q88: In a market economy, what guides economic
Q111: What will be the probable outcome if
Q112: In a market economy, what do prices
Q113: When and where did one of the
Q118: If the average income of an Australian
Q135: When does scarcity exist?<br>A) when there is
Q184: What happens when government policies such as
Q203: What are two causes of market failure?<br>A)