Table 3-5 -Refer to Table 3-5. What Is the Opportunity Cost of the Opportunity

question 140

Multiple Choice

Table 3-5

-Refer to Table 3-5. What is the opportunity cost of 1 car for Canada?

• A)4 airplanes.
• B)3 airplanes.
• C)1/3 airplane.
• D)1/4 airplane.

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Definitions:

Popular Sovereignty

The principle that the authority of the government is created and sustained by the consent of its people, through their elected representatives.

Franklin Pierce

The 14th President of the United States (1853-1857), known for his pro-Southern views and policies that exacerbated sectional tensions leading up to the Civil War.

Whig Party

A political party active in the United States from the 1830s to the 1850s, advocating for federal government involvement in the economy and opposing the Democratic Party on issues regarding states' rights.

Free-Soil Party

A pre-Civil War political party in the United States that was opposed to the expansion of slavery into the western territories.