Saskatchewan used to have more hospitals than Ontario, despite having far fewer people. The Saskatchewan government closed many of these hospitals despite local protests. Which statement is true?
A) Since hospitals have positive benefits, they should never be closed.
B) If Saskatchewan had more hospitals than Ontario, it must have had too many hospitals.
C) The Saskatchewan government must have thought the marginal benefit from one of these closed hospitals exceeded its marginal cost.
D) The Saskatchewan government must have thought the marginal benefit from one of these closed hospitals was less then its marginal cost.
E) These closures did not impose costs on the communities where the hospitals were located because the communities did not pay any of the hospital operating costs.
Correct Answer:
Verified
Q74: Monika will choose to eat a seventh
Q181: The Three Keys to Smart Choices focus
Q183: Costs paid in the past are not
Q184: Key 1 to smart choices says: Choose
Q185: Microeconomics analyzes choices that individuals in households,
Q187: A university adds a 10% surcharge to
Q188: Resale value is irrelevant when you are
Q189: Microeconomics analyzes performance of the whole Canadian
Q190: When your employer offers a higher wage,
Q191: The Three Keys to Smart Choices summarize
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