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With a Budget of $200 Million,the Government Can Choose to Purchase

Question 38

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With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway. With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway. FIGURE 1-1 -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) 1/2 of a search and rescue helicopter. C) 1/10 of a search and rescue helicopter. D) 1/50 of a search and rescue helicopter. E) 1/100 of a search and rescue helicopter. FIGURE 1-1
-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) 1/2 of a search and rescue helicopter.
C) 1/10 of a search and rescue helicopter.
D) 1/50 of a search and rescue helicopter.
E) 1/100 of a search and rescue helicopter.

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