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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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