Below Are the Production Possibilities (Without Trade)and the Trading Possibilities

question 113

Multiple Choice

Below are the production possibilities (without trade) and the trading possibilities (with free trade) for Canada.

-Refer to the graph above to answer this question.Assuming no trade,what is the opportunity cost of 1 more railcar?

• A)0.0167 aircraft.
• B)1.67 aircraft.
• C)16.67 aircraft.
• D)20 aircraft.
• E)100 aircraft.

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

---

Definitions:

Marginal Cost

Marginal cost is the cost of producing one more unit of a good or service, which can vary depending on the level of production.

Activity

The engagement in tasks or actions, typically referring to some form of productive work or leisure actions.

Scarce Resources

Resources that are limited in supply and cannot satisfy all human wants and needs.

Standard Of Living

A level of material comfort in terms of goods and services available to someone or some group.