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 search and rescue helicopter is
A) 0 kilometres of highway repair.
B) 200 kilometres of highway repair.
C) 150 kilometres of highway repair.
D) 100 kilometres of highway repair.
E) 50 kilometres of highway repair.
Correct Answer:
Verified
Q70: When discussing types of economic systems the
Q71: Madeleine allows herself $100 per month for
Q72: The downward- sloping line in the diagram
Q73: FIGURE 1- 1
With a budget of $200
Q74: The table below shows that,in one
Q76: The table below shows that,in one
Q77: Suppose that one unit of labour can
Q78: The downward- sloping line in the diagram
Q79: With reference to the circular flow of
Q80: A country's production possibilities boundary shows that
A)when
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents