Solved

Why Is the Opportunity Cost of Gasoline in Canada Higher

Question 195

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"

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:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents