Economics, Fourteenth Canadian Edition Test Bank

Economics, Fourteenth Canadian Edition Test Bank ensures a deep understanding of topics with carefully crafted notes, diagrams, and examples.

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ExamName___________________________________MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.FIGURE 1-1With a budget of $200 million, the government can choose to purchase 4 helicopters or repair 200 km of highway.1)Refer to Figure 1-1. For the government, the opportunity cost of one search and rescue helicopter is1)A)200 kilometres of highway repair.B)150 kilometres of highway repair.C)0 kilometres of highway repair.D)50 kilometres of highway repair.E)100 kilometres of highway repair.Answer:DExplanation:A)B)C)D)E)1

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Subject

Economics

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Economics by Christopher T.S. Ragan

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